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    Serengeti Resources Acquires Red Chris North Property

    Investing News Network
    May. 01, 2013 10:18AM PST
    Base Metals Investing

    Serengeti Resources Inc. (TSXV:SIR) announced that they have acquired a 100 percent interest in the Red Chris North Property, which is made up of two claim blocks located 8 to 10 km north of Colorado Resources recent high grade copper-gold discovery at North Rok in B.C.

    Serengeti Resources Inc. (TSXV:SIR) announced that they have acquired a 100 percent  interest in the Red Chris North Property, which is made up of  two claim blocks located 8 to 10 km north of Colorado Resources recent high grade copper-gold discovery at North Rok in B.C.

    As quoted in the press release:

    The newly staked RCN Property is located in the Stikine Arch area of north-west British Columbia. The highly prospective Stikine Arch hosts a number of world class copper-gold-silver porphyry deposits including Red Chris, Schaft Creek, and NovaGold and Teck Resources Galore Creek deposit. Red Chris with proven and probable reserves of 301 mt grading 0.359% Cu, 0.274 g/t Au is currently the site of a $500 million mine development project by Imperial Metals.

    To view the whole press release, click here.

    tsxv:sirhigh grade copperimperial metals
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