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Threegold Acquires the Right to Earn a 75% Interest in South Bay Project
Nov. 15, 2010 11:45PM PST
Gold InvestingThreegold Resources Inc. (CVE:THG) enters into an option agreement with Plato Gold Corp. (CVE:PGC) pursuant to which it has acquired the right to earn a 75% interest in the “Hop O’My Thumb Property and Vauquelin Property.
Threegold Resources Inc. (TSXV:THG) enters into an option agreement with Plato Gold Corp. (TSXV:PGC) pursuant to which it has acquired the right to earn a 75% interest in the “Hop O’My Thumb Property and Vauquelin Property.
The press release is quoted as saying:
Threegold Resources is a dynamic and active Quebec?based junior explorer with a diversified property portfolio. Threegold is pursuing exploration on three main projects in Quebec: Lemieux Dome in the Gaspé Peninsula for copper, zinc, lead, silver and gold; Mercier in the Abitibi region where the company recently made a rare earth element discovery containing base and rare metals (see press release of February 2, 2010); and Adanac, a gold property located a few kilometres from downtown Rouyn?Noranda. The company is currently strengthening its gold portfolio with the acquisition of the South Bay, Barraute, Shining Tree projects.
Click here to access the entire press release