New Pacific Plans Work for Its Newly Acquired, 100% Owned Tagish Lake Gold Property

- January 5th, 2011

New Pacific Metals Corp. (CVE:NUX) acquires 100% interest in Tagish Lake Gold Corp. through a court-approved plan of arrangement under the Business Corporations Act of British Columbia.

New Pacific Metals Corp. (TSXV:NUX) acquires 100% interest in Tagish Lake Gold Corp. through a court-approved plan of arrangement under the Business Corporations Act of British Columbia.

The press release is quoted as saying:

Henceforth, Tagish Lake Gold Corp. (“Tagish”) will operate as a wholly owned subsidiary of New Pacific. Tagish’s main asset is the Skukum Gold Project (renamed the “Tagish Lake Gold Property” or “the Property”), which comprises 982 mining claims covering a 178 square kilometre area located approximately 80 kilometres by road south of Whitehorse, Yukon Territory, Canada.

Click here to access the entire press release

Tags

Tags:

Leave a Reply