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    First Columbia Acquires Option for South Idaho Silver Project

    Written by Investing News Network
    |
    Dec. 08, 2011 01:11PM PST

    First Colombia Gold Corp. (OTCQB:FCGD) announced the signing of an option agreement for mining claims in Idaho.

    First Colombia Gold Corp. (OTCQB:FCGD) announced the signing of an option agreement for mining claims in Idaho.

    As quoted in the press release:

    The Company will have exercised the option to acquire an undivided 100% interest in the South Idaho Silver Project after incurring an aggregate of $210,000 in exploration expenditures, paying the option or an aggregate of $80,000 plus five per cent (5%) of any joint-venture and buyout payments and paying certain filing fees.

    Click here for the First Colombia Gold Corp. (OTCQB:FCGD) press release.

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