The Property consists of 18 patented mining claims, 806 unpatented mining claims units and 2 leases comprised of an aggregate of 13 claim units and extends across approximately 14,240 hectares.
Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The company controls a 100% interest in the Springpole gold - Horseshoe Island gold, Platinum, palladium project
The company currently has 25,364,887 shares issued and outstanding. following the consolidation, the company will have approximately 2,536,488 shares issued and outstanding prior to rounding for fractional shares.
The J3A sampling returned a broad zone of 4.90 meters of 0.015 to 0.12 g/t gold and 0.30 to 1.60 g/t silver. The J3C channel returned 1.30 meters of 0.60 g/t gold and 3.0 g/t silver.
Osisko Mining Corporation is pleased to announce it has closed the previously announced transaction to acquire 7,795,574 common shares (9.2%) of Queenston Mining Inc.
Denison Mines announces that it has acquired ownership of 3,600,000 units of International Enexco at a price of $0.50 per unit pursuant to a subscription agreement effective as of November 29, 2012.
Analysis returned returned the following highlights: 65.6% graphite reported to jumbo and large flake size fraction classifications including 45.6% jumbo flake (+48 mesh or > 0.297mm).