BCGold Increases Stake in High-Grade Engineer Gold Mine

BCGold Corp. (TSXV:BCG,OTC Pink:BCGOF) announced it has increased its stake in the Engineer Gold Mine property to 75%.

As quoted in the press release:

BCGold Corp. holds the option to earn a 100% interest in the Property by electing to either make a cash payment of $400,000, or to issue $400,000 worth of common shares and 100,000 warrants to EMC prior to January 16, 2013.

Click here for the BCGold Corp. (TSXV:BCG) press release.