Blind Creek acquires mining permit and royalty for historic Engineer Gold Mine, northwestern British Columbia

- October 16th, 2017

Blind Creek Resources Ltd. (“Blind Creek” or the “Company”) is pleased to announce that the Company has received an amended Mines Act Permit from the Ministry of Energy, Mines and Petroleum Resources (“MEMPR”), Mines and Mineral Resource Division, that authorises Blind Creek to conduct exploration, underground mining and on-site milling activities at the 100% owned historic … Continued

Blind Creek Resources Ltd. (“Blind Creek” or the “Company”) is pleased to announce that the Company has received an amended Mines Act Permit from the Ministry of Energy, Mines and Petroleum Resources (“MEMPR”), Mines and Mineral Resource Division, that authorises Blind Creek to conduct exploration, underground mining and on-site milling activities at the 100% owned historic Engineer Gold Mine Property, detailed in a renewable Notice of Work and Reclamation Program (“NOW”), valid until March 31st, 2020. The permit was amended to reflect the change in ownership of the Engineer Gold Mine Property, situated 32 kilometres southwest of Atlin, B.C., from BCGold Corp. to Blind Creek Resources Ltd. (See Blind Creek News Release dated April 26, 2017)
As quoted in the press release:

Blind Creek is also pleased to announce that by way of a separate agreement, the Company has acquired the right, title, benefit and interest held by Pan Andean Minerals Ltd. (“Pan Andean”) (formerly known as BCGold Corp.) in and to the 1% Net Smelter Royalty (“NSR”) over the Engineer Mine Property acquired by Blind Creek earlier this year, by posting a new reclamation bond with the MEMPR in the amount of $50,000 to replace the bond previously provided by BCGold Corp. There are now no underlying royalties for the historic Engineer Gold Mine patented crown grants, previously owned and recently staked contiguous Blind Creek mineral claims at the Engineer Gold Mine Property.

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