GREY:ABGFF - Post by User
Comment by
behindblueeyeson Nov 15, 2012 10:54am
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Post# 20604361
RE: Sold NR on webroker
RE: Sold NR on webroker
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 13, 2012) - Mesa Exploration Corp. (TSX VENTURE:MSA)(PINKSHEETS:MSAJF) announces that it has acquired a 100% interest in the Oatman gold and Belmont silver projects. The projects were purchased from American Bonanza Gold Corp. for $75,000. Bonanza retains a 3% NSR royalty, half of which can be purchased by Mesa for $2,000.000. Foster Wilson, president and CEO of Mesa Exploration, commented, "We are very pleased with this acquisition, both projects are highly prospective and are adjacent to historic productive mines. The Bounty potash project continues to remain the principal development project for the company where we are currently working towards securing drilling permits."