BC Gold Corp. has renegotiated the option agreement for the acquisition of 100% interest in the high-grade gold Engineer Mine property. The property is located about 32km to the west of Atlin, B.C.
Under the agreement, BC Gold has eliminated and replaced a $275,000 cash payment with the staged issuance of 1.2 million common shares with certain other provisions, in order to receive a 49% interest in the property.
About BCGold Corp.
BCGold Corp. (TSX VENTURE:BCG) is a Vancouver-based junior resource company focused on copper and gold exploration in under-explored historic mining and exploration districts in British Columbia and Yukon.
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