Kings Bay Closes Property Purchase Agreement

V.KBG, Kings Bay Gold, gold

Kings Bay Gold Corporation, (TSX VENTURE:V.KBG) operating as Kings Bay, a mining exploration and development company based in Vancouver Canada, is pleased to announce that the TSX Venture Exchange has accepted for filing a property acquisition agreement (the Agreement) dated October 4, 2016 between Kings Bay Gold Corporation (the Company) and Crooks Lake Holding Limited, Cameron Martin and Jeffrey Martin (the later three collectively being, the Vendors) to acquire 66 mineral claims located in Happy Valley, Goose Bay, Newfoundland and Labrador (the Property).
The Lynx Lake Copper/Cobalt property consists of 959 mineral claims encompassing approximately 240 square kilometers, located 100 km southeast of Happy Valley-Goose Bay, Newfoundland and Labrador. The Lynx Lake Project has returned historical grab samples assaying up to 1.39% Cu, 0.94% Co, 0.21% Ni and 6.5g/t Ag. read more

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