Avidian Gold Corp V.AVG

Completes Purchase of Its Flagship Golden Zone Property

[Betteryear2]

TORONTO, ON / ACCESSWIRE / July 25, 2023 / Avidian Gold Corp. ("Avidian" or the "Company") (TSXV:AVG)(OTC PINK:AVGDF) is pleased to announce that it has completed the purchase of the Golden Zone property in Alaska by making the final cash and share payment under the Golden Zone purchase agreement dated November 21, 2016 to acquire the Uplands Mining Lease and Millsite Lease. Upon closing, the Deed in Trust will be transferred to Avidian. The district-scale Golden Zone property is strategically located midway between Anchorage and Fairbanks and only 10 km west of paved State Highway 3, the Alaska Railroad, and the 345 kV Alaska power lines (see Figure 1). The 141.1 sq km property is comprised of State of Alaska claims, a Millsite Lease and most importantly an Uplands Mining Lease which is valid until 2050 and hosts the Breccia Pipe Deposit.

Avidian Completes Purchase of Its Flagship Golden Zone Property in Alaska (accesswire.com)