Kestrel Gold Concludes Option to Acquire King Solomon Dome Gold Project

Kestrel Gold Inc. (TSXV:KGC) to acquire an option to earn a 100% interest in four individual properties, collectively known as the King Solomon Dome Project.

The press release is quoted as saying:

To fully exercise the option on all four properties, Kestrel will be required to make staged payments totalling $920,000 over a period of approximately four (4) years and fund exploration expenses of up to $100,000. Each individual property is subject to a 2.5% NSR, one half (1/2) of which can be purchased for $1,000,000, in the case of each individual property.

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