In order to acquire 100% of the property, Khalkos must issue 2,600,000 shares to the seller over a period of six years, with 100,000 shares at the signing of the agreement.
The report results from the first 7 holes of an ongoing 6,000 meter diamond drill program at its 100% owned Gavilanes silver project in Durango, Mexico.
Golden Reign outlines high-grade initial resource of 95,000 indicated gold equivalent ounces and 805,000 inferred gold equivalent ounces at San Albino mine area, Nicaragua
Dale Ginn, Chief Executive Officer of SGX Resources, is pleased to announce that a new high grade gold zone has been discovered near the eastern known limits of the Edleston deposit.
A small man portable drill was successfully utilized to test the strike length of the J3 zone, grading 7.99 grams/tonne gold and 35.56 grams/tonne silver in earlier sampling.
