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Article: Anglo Swiss Resources Inc. Options Ron Gold Property from Klondike Gold Corp.
- Article from:
- Mining & Minerals
- Article date:
- October 16, 2009
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Anglo Swiss Resource Inc. ("Anglo") (TSX Venture: ASW) (OTCBB: ASWRF) (FRANKFURT: AMO.F), is pleased to announce, subject to regulatory approval, that it has entered into an Option/Joint Venture Agreement (the "Agreement") with Klondike Gold Corp. ("Klondike") wherein Anglo will earn up to a 60% interest in the Klondike's Ron Gold property.
The Ron Gold Property consists of 37 contiguous staked mineral claims and one crown granted mineral claim covering 1,492 hectares. Consideration from Anglo consists of paying $200,000, issuing 100,000 Anglo shares and incurring up to $650,000 in exploration expenditures by the 4th anniversary of this Agreement. This Agreement ...