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Calico Resources Corp. (TSXV:CKB,OTCQX: CVXHF) is pleased to report that the Company has staked an additional 252 unpatented lode mining claims (5,040 acres) around its Grassy Mountain Project.
As stated in the press release:
“The staking of additional claims at the Grassy Mountain Project is an important step in securing the long term life of the project” said Bill Wagener, President & CEO. “In addition to the Grassy Mountain main target, the historic exploration has identified 17 additional targets on the land package acquired from Seabridge Gold Inc. (Seabridge). After an extensive review of existing geologic information and completion of additional drilling during the fall of 2011, Calico’s geologists believe that there is potential for additional gold mineralization extending well beyond the land package acquired from Seabridge and have staked claims on trend and in the surrounding area that is believed to be the most prospective.”
Click here to read the Calico Resources (TSXV:CKB) press release.