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Goldrea Acquires Mineral Tenure Beside Cannonball

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Goldrea Resources Corp. (CSE: GOR) (FSE: GOJ1) (OTC Pink: GORAF) has acquired a 100% interest in two mineral tenures covering 71 hectares adjacent to its Cannonball property in the Golden Triangle of northern British Columbia. The acquisition, dubbed the 'Plus' Property, was secured for 500,000 common shares of Goldrea, subject to a four-month hold period.

This addition expands Goldrea's land position in the area to over 5,000 hectares. The company plans to amend its 2025 program to include these new claims and will provide updated reports on the known copper and gold prospects under its control. Goldrea also highlighted the proximity to Seabridge Gold's recent Snip North discovery, emphasizing the strategic importance of their position in the Golden Triangle's development.

Goldrea Resources Corp. (CSE: GOR) (FSE: GOJ1) (OTC Pink: GORAF) ha acquisito una partecipazione del 100% in due concessioni minerarie che coprono 71 ettari adiacenti alla sua proprietà Cannonball nel Golden Triangle della Columbia Britannica settentrionale. L'acquisizione, denominata 'Plus' Property, è stata effettuata per 500.000 azioni ordinarie di Goldrea, soggette a un periodo di blocco di quattro mesi.

Questa aggiunta espande la posizione territoriale di Goldrea nella zona a oltre 5.000 ettari. L'azienda prevede di modificare il suo programma del 2025 per includere queste nuove rivendicazioni e fornirà aggiornamenti sui prospetti noti di rame e oro sotto il suo controllo. Goldrea ha anche sottolineato la prossimità alla recente scoperta Snip North di Seabridge Gold, evidenziando l'importanza strategica della sua posizione nello sviluppo del Golden Triangle.

Goldrea Resources Corp. (CSE: GOR) (FSE: GOJ1) (OTC Pink: GORAF) ha adquirido un 100% de interés en dos concesiones mineras que cubren 71 hectáreas adyacentes a su propiedad Cannonball en el Golden Triangle de la Columbia Británica del norte. La adquisición, llamada 'Plus' Property, se realizó a cambio de 500,000 acciones comunes de Goldrea, sujeta a un período de retención de cuatro meses.

Esta adición amplía la posición territorial de Goldrea en la zona a más de 5,000 hectáreas. La empresa planea modificar su programa para 2025 para incluir estas nuevas reclamaciones y proporcionará informes actualizados sobre los prospectos conocidos de cobre y oro bajo su control. Goldrea también destacó la proximidad al reciente descubrimiento Snip North de Seabridge Gold, enfatizando la importancia estratégica de su posición en el desarrollo del Golden Triangle.

Goldrea Resources Corp. (CSE: GOR) (FSE: GOJ1) (OTC Pink: GORAF)는 북부 브리티시컬럼비아의 Golden Triangle에 위치한 Cannonball 자산과 인접한 71헥타르에 해당하는 두 개의 광물 권리에 대한 100% 지분을 인수했습니다. 이 인수는 'Plus' Property라는 명칭으로 500,000 주의 Goldrea 보통주와 교환되었으며, 4개월의 거래 정지 기간이 적용됩니다.

이 추가로 Goldrea의 지역 내 토지 보유 면적은 5,000헥타르 이상으로 확장되었습니다. 회사는 2025 프로그램을 수정하여 이러한 새로운 청구를 포함할 계획이며, 자사에서 통제하는 알려진 구리 및 금 자원의 업데이트 보고서를 제공할 것입니다. Goldrea는 또한 Seabridge Gold의 최근 Snip North 발견과의 근접성을 강조하며 Golden Triangle 개발에서의 전략적 중요성을 강조했습니다.

Goldrea Resources Corp. (CSE: GOR) (FSE: GOJ1) (OTC Pink: GORAF) a acquis un intérêt de 100 % dans deux concessions minérales couvrant 71 hectares adjacents à sa propriété Cannonball dans le Golden Triangle de la Colombie-Britannique nord. L'acquisition, surnommée la 'Plus' Property, a été réalisée en échange de 500 000 actions ordinaires de Goldrea, sous réserve d'une période de blocage de quatre mois.

Cet ajout élargit la position foncière de Goldrea dans la région à plus de 5 000 hectares. L'entreprise prévoit de modifier son programme 2025 pour inclure ces nouvelles revendications et fournira des rapports mis à jour sur les perspectives de cuivre et d'or connues sous son contrôle. Goldrea a également souligné la proximité de la récente découverte Snip North de Seabridge Gold, en mettant en avant l'importance stratégique de leur position dans le développement du Golden Triangle.

Goldrea Resources Corp. (CSE: GOR) (FSE: GOJ1) (OTC Pink: GORAF) hat 100% an zwei Mineralrechten erworben, die 71 Hektar abdecken und an ihr Cannonball-Grundstück im Golden Triangle im Norden Britisch-Kolumbien angrenzen. Die Übernahme, die als 'Plus' Property bezeichnet wird, wurde gegen 500.000 Stammaktien von Goldrea gesichert, die einer viermonatigen Haltedauer unterliegen.

Diese Ergänzung erweitert die Landposition von Goldrea in der Region auf über 5.000 Hektar. Das Unternehmen plant, sein Programm für 2025 zu ändern, um diese neuen Ansprüche einzubeziehen, und wird aktualisierte Berichte über die bekannten Kupfer- und Goldvorkommen, die unter seiner Kontrolle stehen, bereitstellen. Goldrea hebt außerdem die Nähe zur jüngsten Snip North-Entdeckung von Seabridge Gold hervor und betont die strategische Bedeutung ihrer Position in der Entwicklung des Golden Triangle.

Positive
  • Acquisition of 100% interest in 71 hectares of mineral tenures
  • Expansion of land position to over 5,000 hectares in the Golden Triangle
  • Strategic location near Seabridge Gold's Snip North discovery
  • Planned inclusion of new claims in 2025 exploration program
Negative
  • Issuance of 500,000 common shares for acquisition, potentially diluting existing shareholders

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - Goldrea Resources Corp. (CSE: GOR) (FSE: GOJ1) (OTC Pink: GORAF) ("Goldrea" or the "Company") is pleased to announce that it has acquired a 100% interest in two mineral tenures in the Golden Triangle of northern British Columbia. The two claim tenures cover 71 hectares that adjoin the west side of Goldrea's Cannonball property. Consideration for this "Plus" Property consists of 500,000 common shares in the capital of the Company, subject to a four-month hold period.

Jim Elbert, President and CEO of Goldrea, comments: "Acquiring the Plus property is a very welcome addition to Goldrea's more than 5,000 hectare land position in this increasingly important part of the Golden Triangle. Our planned 2025 program will be amended to include the new claims and the Company will provide updated reports of the known copper and gold prospects that Goldrea currently control as soon as possible; also showing the location of Seabridge Gold's recent Snip North discovery in our proximity, given the major follow up program they have undertaken this year on their Iskut Project. We're excited about the results coming in from the zone where we are embedded and believe we have positioned the Company to be a significant player in the Golden Triangle's development."

For more information, please contact:
James Elbert, President and CEO
Telephone: (604) 559-7230
Email: jelbert@goldrea.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225216

FAQ

What did Goldrea Resources Corp. (GORAF) acquire on October 1, 2024?

Goldrea Resources Corp. acquired a 100% interest in two mineral tenures covering 71 hectares adjacent to its Cannonball property in the Golden Triangle of northern British Columbia.

How much did Goldrea Resources Corp. (GORAF) pay for the 'Plus' Property acquisition?

Goldrea Resources Corp. paid 500,000 common shares in the capital of the company for the 'Plus' Property acquisition, subject to a four-month hold period.

How large is Goldrea Resources Corp.'s (GORAF) total land position in the Golden Triangle after the acquisition?

After the acquisition, Goldrea Resources Corp.'s total land position in the Golden Triangle exceeds 5,000 hectares.

What are Goldrea Resources Corp.'s (GORAF) plans for the newly acquired 'Plus' Property?

Goldrea Resources Corp. plans to amend its 2025 exploration program to include the newly acquired claims and will provide updated reports on the known copper and gold prospects in the area.

GOLDREA RES CORP ORD

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