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Canadian Orebodies Doubles Land Position at Wire Lake Through Acquisition of the Black Raven Property
Apr. 24, 2017 08:21AM PST
Precious MetalsCanadian Orebodies Inc. (the “Company”) (TSX-V:CORE) is pleased to announce the execution of an acquisition agreement (the “Acquisition Agreement”) with StrikePoint Gold Inc. (the “Vendor”) to acquire a 100% interest in 33 mineral claims located 14 kilometres northeast of Marathon, ON, and generally referred to as the “Black Raven Property” or “Smoke Lake Property” (the …
Canadian Orebodies Inc. (the “Company”) (TSX-V:CORE) is pleased to announce the execution of an acquisition agreement (the “Acquisition Agreement”) with StrikePoint Gold Inc. (the “Vendor”) to acquire a 100% interest in 33 mineral claims located 14 kilometres northeast of Marathon, ON, and generally referred to as the “Black Raven Property” or “Smoke Lake Property” (the “Property”).
As quoted in the press release:
“This is a highly strategic acquisition which ties directly onto our Wire Lake Property, and is along the known gold bearing trend currently being evaluated by Canadian Orebodies. This transaction more than doubles the size of our land package in the immediate area to over 11,000 hectares,” said Gordon McKinnon, President and CEO of Orebodies. “This Property not only adds coverage over the extension of the Wire Lake gold trend, but adds numerous other highly prospective targets, including the bonanza grades of 312.90 gpt Au and 95.31 gpt Au from the Crocker Float.”
