RE:Dev's Big Wind Capital blows hard
Dev's Big Wind Capital blows hard Maybe this should be called "Hot Air" Capital? Big Wind to acquire La Ronge gold belt properties 2016-06-09 12:02 ET - News Release Mr. Dev Randhawa reports BIG WIND CAPTIAL PURCHASES GOLD PROPERTY Big Wind Capital Inc. has entered into a claim purchase agreement to acquire a 100-per-cent interest in a large claim package prospective for gold in the La Ronge gold belt and the Flin Flon greenstone belt region of Northern Saskatchewan. The project comprises 39 mineral claims in 7 project areas with a total land package of 31,731 hectares. The Company will pay $35,000 in cash and issue 5,000,000 common shares to Mr. Ross McElroy to acquire the Project. Mr. McElroy will be invited to join the board of directors of the Company. The Company intends to undertake a preliminary exploration program beginning in the summer of 2016 and anticipates a preliminary work program budget of approximately $650,000. Background Information Gold deposits in Saskatachewan are found mainly in the Early Proterozoic volcanoplutonic regimes of the La Ronge and Flin Flon domains. Six of the project areas are located within the La Ronge Gold Belt and a 7th project is located in the Flin Flon Greenstone Belt located to the south-east (see Table 1 and Figure 1). La Ronge Gold Belt Properties The La Ronge Gold Belt hosts 13 known gold deposits including 5 former producing gold mines. Gold mineralization in the La Ronge Gold Belt is mostly structurally controlled, quartz-vein type and characteristically high-grade, often with average grades greater than 10 g/t Au. Highlights of the 6 properties that are located within the La Ronge Gold Belt are as follows: -- The Hilda Pond property lies north and contiguous with claims owned by Kristo Gold (private company). The Kristo Gold claims host the past producing Anglo-Rouyn Cu-Zn-Au Mine. -- The Kidney Lake and McKenzie Lake properties Read more at https://www.stockhouse.com/companies/bullboard/t.fcu/fission-uranium-corp#iI0PcXVO14EuqGUm.99