BCGold Increases Stake in High-Grade Engineer Gold Mine
January 18, 2012 @ 12:20 pm In Gold Company News
BCGold Corp. (TSXV:BCG,OTC Pink:BCGOF) announced it has increased its stake in the Engineer Gold Mine property to 75%.
As quoted in the press release:
BCGold Corp. holds the option to earn a 100% interest in the Property by electing to either make a cash payment of $400,000, or to issue $400,000 worth of common shares and 100,000 warrants to EMC prior to January 16, 2013.
Click here for the BCGold Corp. (TSXV:BCG) press release. [1]
[1]
Article printed from Gold Investing News: http://goldinvestingnews.com
URL to article: http://goldinvestingnews.com/21735/bcgold-increases-stake-in-high-grade-engineer-gold-mine.html
URLs in this post:
[1] Click here for the BCGold Corp. (TSXV:BCG) press release.: http://www.marketwire.com/press-release/bcgold-corp-secures-75-interest-in-the-high-grade-engineer-gold-mine-bc-tsx-venture-bcg-1608317.htm