$ 3.8 million !!!!....and additional payments overVancouver mineral exploration company acquires three B.C. projects
ChristopherJames Gold Corp. (TSX-V:CJG), a Vancouver mineral exploration firm,plans to acquire one geothermal project and two copper-gold projectsfrom Kelowna's Candorado Operating Company Ltd. (TSX-V:CDO).CJG has the option to spend up to $3.8 million to buy a 100% interestin the Canoe Reach geothermal project, a 100% interest in the CopperCreek copper-gold project and a 60% interest in the Tillicum Creekcopper-gold project.CJG said it plans to make payments over the next few years to acquirethe projects.The deal's completion is subject to the execution of a definitiveagreement, due diligence and other customary closing conditions.CJG's share price range during the past week: between $0.09 and $0.10;52-week high: $0.85; 52-week low: $0.08.