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Gulfside acquires 100% interest in two Atlin prospects
2011-05-04 16:00 ET - News Release
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Mr. Robert Card reports
GULFSIDE MINERALS ADDS TO NORTHERN TREASURE CLAIM
Gulfside Minerals Ltd. has acquired a 100-per-cent interest in two gold and silver prospects located in the Atlin mining division in northwestern British Columbia (see company's news release of March 17, 2011).
The properties, known as the Argonaut and Golden Fleece groups, are located approximately 150 kilometres northwest of Dease Lake, B.C., and 120 km south of Atlin, B.C. The Argonaut property is composed of five claims totalling 1,924.7 hectares and lies approximately 11 km east of the Bryer group. The Golden Fleece property is composed of two claims totalling 829.9 hectares and lies approximately nine km south west of the Argonaut group. The company acquired the claims for the payment of $5,000 and a 1-per-cent net smelter return royalty to the vendor.
The claims surround the Thorn group (Brixton Metals) and the Inlaw/Trapper Lake group (Ocean Park Ventures) and are on trend approximately 70 km from the former Golden Bear mine and mine access road, which were developed by Chevron Minerals of Canada.
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