Golden Peak Minerals,, (TSX VENTURE:V.GP) is pleased to announce that it has entered into an option agreement (the “Agreement”) to acquire a 100% interest in the Hemlo East Property from MetalCorp Limited.
Hemlo East Property Highlights:
-Consists of 32 claims (219 units) covering approximately 3,504 hectares.
-The overall structural and stratigraphic setting, as well as the nature of the alteration seen on the Property are very similar to the Hemlo Deposit. The continuous alteration zones are known to also host local gold occurrences.
-Excellent infrastructure with access provided by the TransCanada Highway (Hwy 17) from which all weather roads lead into the Property.read more