HARVEST SELLS CUD 3 CLAIM TO SAN GOLD CORP.
Vancouver, BC, July 17, 2012. Harvest Gold Corporation (HVG – TSX.V) (the “Company”) is pleased to report that it has reached terms with San Gold Corp (SGR.TSX) to sell its CUD 3 claim. The CUD 3 claim is located in the Rice Lake Gold Belt, 250 km northeast of Winnipeg, Manitoba, where San Gold is now producing gold at the Rice Lake mine in Bissett.
The terms of the agreement are that San Gold will acquire 100% of the CUD 3 claim in return for a payment of $225,000 to Harvest Gold, and that San Gold will pay the further sum of $225,000, if, and when, any gold is produced from the CUD 3 claim.
Rick Mark CEO states “We are very pleased with the transaction as it completes our transition out of the Rice Lake Belt. We have basically recovered our exploration costs and have put the claim in the right hands. San Gold’s team is motivated and very capable and we hope they will be successful in adding ounces to their Rice Lake package of properties. Harvest will now focus on acquiring gold projects in areas where larger prospective land packages, and/or more advanced projects can be acquired, explored and developed. CLICK HERE TO READ MORE
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Harvest Gold Corporation
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EXPLORATEUR |
CODE : HVG.V |
ISIN : CA4175322078 |
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Harvest Gold est une société d’exploration minière d'or basée au Canada. Harvest Gold détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont ROSEBUD en USA et RICE LAKE GOLD BELT, RW, ASSEAN LAKE, GARCIA FLATS et CUD3 au Canada. Harvest Gold est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 2,0 millions CA$ (1,5 millions US$, 1,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 0,42 CA$, et son plus bas niveau récent le 18 octobre 2019 à 0,01 CA$. Harvest Gold possède 50 780 000 actions en circulation. |