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Lupaka Gold Corp T.LPK


Primary Symbol: V.LPK Alternate Symbol(s):  LPKGF

Lupaka Gold Corp. is a Canada-based mineral development and exploration company. The Company's principal activities consist of evaluating, acquiring, exploring and developing mining properties to production. Its properties include Idol City and Pine Creek. The Idol City property contains epigenetic gold mineralization associated with two zones of north-east trending, hydrothermal brecciation and alteration within Tertiary intermediate lavas that were intruded by rhyolite dikes, plugs and quartz porphyry granitic bodies. The Pine Creek property lies at the intersection of two NNW and WNW trending, regional, structural lineaments and is underlain by a Miocene sequence of intermediate volcanics, ash flow tuffs, tuffaceous sediments, siltstones and local (sulfide-bearing) jasper bodies. The properties are held in the name of the Company’s wholly owned United States subsidiary, Lupaka USA Limited.


TSXV:LPK - Post by User

Bullboard Posts
Comment by fleeinggrandichon Jul 05, 2012 9:15pm
276 Views
Post# 20086933

RE: RE: Lupaka and AAG combine?

RE: RE: Lupaka and AAG combine?

Yup, I think this deal is all about AAG's 17% stake in LCY. LPK buys $13M cash plus they get shares in LCY. They have some nice properties, and AntaKori is next door to BVN's Tantahuatay. BVN owns the 5% NSR at LPK's Crucero. Maybe LPK gets asked to flip AAG's stake in LCY to BVN?

Feh. I dunno. That's all for today from me.

 

Bullboard Posts