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Share Name | Share Symbol | Market | Type |
---|---|---|---|
WestKam Gold Corp | TSXV:WKG | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.115 | 0.085 | 0.105 | 0 | 01:00:00 |
The McConnell property comprises 8,700 hectares in the Golden Horseshoe region of British Columbia. The road-accessible property is located 22 km southeast of the past-producing Kemess Copper-Gold Mine in close proximity to a hydro grid. The property has active exploration and drill permits, and has had over $4 million in prior exploration work. Potential copper/gold porphyry style systems have been identified along with shear hosted, gold mineralization. Satellite remote sensing structural interpretation and data synthesis has confirmed the gold and copper zones as high priority targets for further exploration. An additional 5 high priority and 11 secondary priority areas have been identified using the same criteria. Future areas of investigation are spread along the entire property and are coincident with the major geological faults.
WestKam CEO, Peter Laipnieks, comments, “The completion of this acquisition will provide WestKam with a major exploration project that checks all the boxes: critical metal and gold targets, road accessible, near other mines in a world class exploration district and acquired for what we believe is a fair cost.”
Lorne Warner is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the scientific and technical disclosure in this news release.
About WestKam
WestKam Gold Corp. is a Canadian-listed junior gold exploration company focused on exploring and developing projects in Western Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
“Peter Laipnieks”Peter Laipnieks, President & CEO
Contacts:
WestKam Gold Corp. | Contact: Investor Relations |
Suite 900, 570 Granville Street | 250.216.5674 |
Vancouver, BC V6C 3P1 |
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.
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