Vancouver, BC: Canadian Mining Company Inc. (TSX-V - CNG) is pleased to announce two strategic property options in British Columbia, the "10 Perks" and "U" claims, which are both 100% option agreements with arm's-length vendors.
The "U Claims" are four claim blocks which total 1,847.64 hectares and are situated approximately 15km northeast of Creston, in Southeastern British Columbia, proximal to the Iron Range property of Eagle Plains Resources Ltd. (TSX-V - EPL). The Iron Range Project is a joint venture project between Eagle Plains and Providence Capital Ltd. (TSX:V - PV). The company will issue 1,500,000 common shares upon TSX-V acceptance for this transaction.
The newly acquired "10 Perks" are 10 claims totaling 4,612.81 hectares within the prolific Babine Lake Porphyry Copper project area of British Columbia. The western block is approximately 4km from the Morrison Lake copper/gold deposit owned by Pacific Booker Minerals (TSX-V - BKM) and the others are proximal lying both to the north and south east of the deposit. Additional deposits in the area are the Bell and Granisle mines owned by Xstrata Canada Corp. The company will issue 1,500,000 common shares upon TSX acceptance for this transaction.
Canadian Mining President, Ray Paquette, states, "The significant potential of these two BC exploration areas has attracted our interest and the company's plans moving forward will be announced as ready."
On behalf of the Board
Ray Paquette
CEO
For further information contact Mr. Ray Paquette 604.684.3301 begin_of_the_skype_highlighting 604.684.3301 end_of_the_skype_highlighting