TSXV:SRB - Post Discussion
Post by
emile33 on Oct 12, 2010 11:11am
more land to drill (NR)
Solomon Resources acquires 43 claims by Ten Mile Creek
2010-10-12 09:59 ET - News Release
Mr. Christopher Haldane reports
SOLOMON ACQUIRES MORE MINERAL CLAIMS AT TEN MILE CREEK GOLD PROJECT
Solomon Resources Ltd. has acquired a further 43 mineral claims to the northwest and southeast of the Ten Mile Creek gold project in the Yukon Territory. The RDU 259 through RDU 302 claims which comprise approximately 900 hectares were acquired from Radius Gold Inc. (TSX-V.RDU) and have been incorporated into the existing Ten Mile Creek Gold Property option agreement between Solomon and Radius.
Solomon will file assessment credits under the Yukon Quartz Mining Act to maintain the new claims which were acquired at no further cost to the Company.
Solomons President and CEO Randy Rogers noted: "The new ground covers the northwestern flank of the JV claim group where our exploration crews have identified a series of compelling new soil geochemical anomalies in the vicinity of the Jual Vein System and where we have just completed our second phase of drilling, as well as the unexplored southeastern corner of the property which was open on strike towards the White Gold Property of Kinross Gold Corp. The addition of the new claims to the existing option agreement underscores the strong working relationship between Solomon and Radius and our mutual belief in the highly prospective nature of the Ten Mile Creek Gold Property."
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