Columbus Gold Enters into a LOI with Empire Mining

Columbus Gold Corporation (TSXV:CGT) has entered into a LOI with Empire Mining Corporation, wherein Columbus Gold can earn a 51% interest in Demirtepe project.

As quoted in the press release:

In January 2011, Empire announced the results of discovery hole DTH-001 drilled at Demirtepe which intersected significant zones of copper-gold-silver skarn mineralization, including:

• 2.02% copper, 0.96 g/t gold, 21.64 g/t silver over a sampled width of 47.35 m from 112.2 m to 159.55 m.

Click here to read the Columbus Gold Corporation (TSXV:CGT) press release.