Klondike Gold Corp (TSXV:KG) announced that it has consolidated its interest in the Panda Basin Irishman Claim Block by buying out its joint venture partner Sedex Mining Corp.’s 50% stake.
As quoted in the press release:
The Property subject to this transaction consists of some 124 claims covering 168 square kilometers and part of the Company’s Panda Basin Irishman property located in the central Purcell Basin. The Company now owns 100% of its 309 square kilometers land position in the basin. The basin consists of ground that is prospective for both orogenic gold and sedimentary exhalative (SEDEX type) targets.