TSXV:SPF - Post Discussion
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production05 on Apr 19, 2016 10:56am
NR - SPF evaluating and acquiring Nevada mineral claims
Silver Pursuit to acquire Nevada mineral claims
2016-04-18 19:39 ET - News Release
Mr. Brian McClay reports
EVALUATION AND ACQUISITION OF MINERAL CLAIMS
Silver Pursuit Resources Ltd. has initiated a process of evaluation and acquisition of mineral claims, focusing its efforts on the state of Nevada. Nevada has long been a major producer of gold, and it hosts excellent potential for new discoveries. Investigations have shown the abandonment of tens of thousands of claims by major mining companies, which the company has identified and intends to acquire by staking claims covering areas having previous history of ownership and development by major mining entities.
It is anticipated that the staking claims over these various areas will take approximately three months to complete. This will be followed by a program of research to further define the potential of the acquired properties. Additional financing for the staking program contemplated will be required and is being negotiated.
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