First Columbia Acquires Option for South Idaho Silver Project

- December 8th, 2011

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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