Canadian International Minerals Acquires Bigstone Lake Properties

Canadian International Minerals Inc. (TSXV:CIN) announced the acquisition via staking of a 100-percent interest in the Bigstone Lake properties, located in Northeastern Saskatchewan.

In addition, the company has acquired a 50-percent interest in the Three Amigos property, which is contiguous to the main block of the Bigstone Lake properties.

As quoted in the press release:

There are no royalties or further commitments to the Company’s interest in the Bigstone Lake properties, other than assessment requirements to maintain the permits as per Saskatchewan government regulations. The Three Amigos property will be a 50/50 joint venture with New Moon Minerals Corp., a private mineral exploration company.

The Company is presently compiling and evaluating an airborne geophysical survey conducted in 2006 which covers most of the Bigstone Lake and Three Amigos properties. The survey was originally flown and evaluated for base metals, and incorporated VTEM and magnetics on 200 meter line spacings (Hughes, Pattison, 2009). SJ Geophysics Ltd. of Delta, B.C. has been retained to re-evaluate the data for kimberlite targets.

Click here to read the full Canadian International Minerals Inc. (TSXV:CIN) press release.

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