Precious Metals

GOLD PLUS MINING INC. ("Gold Plus" or the "Company") (CSE :GPMI) (OTC: GPMNF) (FSE: 1I3) is pleased to announce that it has entered into an agreement to acquire highly prospective mineral claims (the "Lawyers North Property") in BC's famous "Golden Horseshoe" region contiguous to Benchmark Metal's (BNCH TSX.V) "Lawyers" Gold and Silver project that recently reported drilling intercepts of 2,360 gt silver and 11.30 gt gold over a 1 meter interval as well as 1.44 gt gold equivalent over 102 meters.

Gold Plus's new Lawyers North mineral claims cover approximately 7,307 acres (2,957 hectares) and when combined with the Company's existing Lawyers East and West mineral claims cover a total of approximately 15,957 acres. Both GPMI claim groups are on trend with several mines found in the region, located at the south-eastern side of Benchmarks' "Lawyers" property, below TDG Gold Corp's "Baker" Mine and "Shasta" Mine and in line with the "Kemess" Mine further South East that hosts 2.7Moz of gold equivalent. Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Properties.

Gold Plus is planning a 2021 exploration program on its three claim blocks that could include an airborne survey to further define magnetic targets as well as the mobilization of crews to conduct a sampling program to test outcrops and soil geochemistry aimed at identifying high priority drill targets.

The Lawyers North showing is located 8.0 kilometres southeast of Edozadelly Mountain, west of Lawyers North and 12.0 kilometres west-southwest of the Lawyers mine (094E 066) (Geological Survey of Canada Paper 81-1A, pages 241-246). The Lawyers North showing lies on the eastern edge of the Sustut Basin. It is composed of mid-Cretaceous to latest Cretaceous nonmarine strata of the Sustut Group. The Sustut Basin is a successor basin to the larger Bowser Basin to the west. The Bowser Lake Group consists of Middle Jurassic to mid-Cretaceous marine and nonmarine strata. Both groups and underlying strata of Stikinia were deformed by northeast-verging folds and thrust faults of the Skeena Fold Belt in Late Jurassic to latest Cretaceous or early Tertiary time (Geological Survey of Canada Paper 92-1A, pages 77-84).

Mid-Cretaceous to latest Cretaceous continental clastic sediments of the Sustut Group are subdivided into the Tango Creek and overlying Brothers Peak formations. The Tango Formation is subdivided into two members; the lower Niven Member and the upper Tatlatui Member. The Brothers Peak Formation is subdivided into the lower Lasuli Member and the upper Spatsizi Member.

A photo accompanying this announcement is available at

Acquisition Terms

The Company has entered into an arm's length share purchase agreement with 1279810 BC Ltd. ("NumberCo") and the shareholders of NumberCo (collectively, the " Vendors "), pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of the NumberCo from the Vendors for consideration of 3,300,000 units. Each unit will consist of one common share and one share purchase warrant, each warrant is exercisable into one common share at $0.10 for one year. The agreement is subject to normal course due diligence and applicable regulatory approval.

Mike Kilbourne, P. Geo, an independent qualified person as defined in National Instrument 43-101, has reviewed and approved the technical contents of this news release on behalf of the Company.

About Gold Plus Mining Inc.
Gold Plus Mining is a publicly traded exploration company focused on the development of highly prospective, discovery-stage mineral properties located in some of Canada's top mining jurisdictions. Our growing portfolio of mineral properties exhibit favorable geological characteristics in underexplored areas within the prolific "Golden Triangle" and "Osoyoos" districts of British Columbia, the Mineral Rich "Red Lake" mining camp of Northwestern Ontario and the "Chapais-Chibougamau" mining camp, the second largest mining camp in Quebec, Canada.

Make sure to follow the company on twitter , Instagram and facebook as well as subscribe for company updates at


___Charn Deol____
CEO & Director

For more information on Gold Plus Mining, please contact:

Mr. Charn Deol – CEO & Director
Phone: 438-896-1451
E-mail: charn
Corporate e-mail:
Corporate Address: 303 – 570 Granville Street, Vancouver, BC, V6C 2P1

Statements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical, and consist primarily of projections - statements regarding future plans, expectations and developments. Words such as "expects", "intends", "plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar import tend to identify forward-looking statements. Forward-looking statements in this news release include the expectation that the Company may commission and deliver a Technical Report, enter into the definitive agreement, exercise the option and acquire the project. All of these forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation that: (i) the Company is unable to table the Technical Report within the required timeline; (ii) the Company is unable to enter into the definitive agreement for any reason; and (iii) other risks and uncertainties identified under the heading "Risk Factors" in the Company's continuous disclosure documents filed on SEDAR.  You are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. The Company cannot assure you that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. These forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and the Company does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements.

Neither Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Primary Logo

News Provided by GlobeNewswire via QuoteMedia

airborne geophysical surveys for geological mapping

Spruce Ridge Completes Airborne Survey over "Foggy Pond" Gold Property


Spruce Ridge Resources Ltd

The newly acquired claims cover a large, previously unexplored area underlain by Lower Paleozoic siliciclastic rocks, similar to those hosting recently discovered gold deposits on the Queensway Project of New Found Gold Corp. and the Moosehead Project of Sokoman Minerals Corp. Re-interpretation of province-wide airborne magnetic data has indicated previously undocumented structural complexity, including a regional-scale fold and possible crustal-scale fault structures like the structures that are now known to localize gold mineralization in Central Newfoundland. The fold feature may cause the mineralized horizon containing the Great Burnt copper deposit and the South Pond gold and copper-gold zones to be repeated on a western limb. Local magnetic anomalies have been interpreted as possible ophiolite slivers along a northeast-trending structure that may be like the GRUB line crossing New Found Gold's property.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less

Spruce Ridge Begins Magnetic Gradiometer Survey Over Recently Acquired Property in Newfoundland


News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
copper metal

Updated Nifty Copper Mineral Resource Estimate

Cyprium Metals Limited (ASX: CYM) (“Cyprium” or the “Company”) is pleased to announce the Company’s maiden Mineral Resource estimate (MRE) for the Nifty copper deposit following the completion of the acquisition of the Paterson Copper Project in March 2021. Cyprium’s previously disclosed estimate for Nifty was based on a review of the estimate disclosed by the former owner of the project at 31 December 2019.

Keep reading...Show less

Spruce Ridge Announces Completion of Dividend-in-kind of Shares of Canada Nickel Company


Spruce Ridge Resources Ltd

Immediately prior to the completion of the Dividend, Spruce Ridge held, directly or indirectly, 8,100,000 CNC Shares, representing on a non-diluted and partially diluted basis approximately 9.15% of the CNC Shares then issued and outstanding.  Following the completion of the Dividend, Spruce Ridge held, directly or indirectly, 5,594,995 CNC Shares, representing on a non-diluted and partially diluted basis approximately 6.33% of the CNC Shares then issued and outstanding. As such, Spruce Ridge is no longer an insider of Canada Nickel Company under applicable securities laws.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
black swan project

Black Swan Restart Project Update

Poseidon Nickel (ASX: POS) (“Poseidon”, “the Company”)is pleased to provide its first update on the Black Swan 1.1Mtpa “Fill the Mill” project and the Bankable Feasibility Study process.

Keep reading...Show less
"e-tech resources"

Drilling Underway At Vranso Project, Burkina Faso

Arrow Minerals Limited (Arrow or the Company) is pleased to report a 6,000m reverse circulation (RC) drilling programme has commenced at the Vranso Project, Burkina Faso.

Keep reading...Show less

Latest Press Releases

Related News