Business
AC/DC Battery Metals Acquires Strategic Land Position In North Central British Columbia
(TheNewswire) Coquitlam, BC – TheNewswire - July 26, 2024- AC/DC Battery Met...
About this update from Ac/dc Battery Metals, Inc.
[{"type":"text","content":"AC/DC Battery Metals Acquires Strategic Land Position In North Central British Columbia\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Coquitlam, BC –\n \n \n TheNewswire -\n \n \n July 26, 2024- AC/DC Battery Metals Inc.\n \n (the “\n \n Company\n \n ” or\n“\n \n AC/DC\n \n ”) (TSXV:\n \n ACDC\n \n )\n \n announces that\nit has entered into Purchase and Sale Agreement dated July 25, 2024\nfor the amount of $248,172.15 (the “Agreement”) whereby AC/DC has\nacquired 100% interest in 17 mineral claims comprising 27,525.24\nhectares located in North Central British Columbia.\n \n \n The region is host to numerous operating mines, good\ninfrastructure including experienced exploration and supporting\nservices.\n \n \n \n \n About the Copper Property\n \n \n \n \n The Copper Property consist of 17 claims comprising\n27,525.24 hectares located in the Omineca Mining Division of\nnorth-central British Columbia, approximately 150 km north of Fort St.\nJames.  The claims are not subject to any royalty terms, back-in\nrights, payments or any other agreements and encumbrances.\n \n \n \n \n “We’re excited to acquire approximately 275\nkm\n \n \n 2\n \n \n of tenures in such a favourable mining region within BC.” commented\nthe Tim Fernback, President and CEO.  “This area of the Province\nhas already generated several promising projects, and our land package\nis strategically situated to exploit the high copper-gold values of\nthe region. NorthWest Copper Corp. (\n \n \n TSXV: NWST\n \n \n ) on the\nnearby Kwanika project intercepted 400 metres of 1.01 Copper\nequivalent (News Release January 16, 2023 Northwest Copper Corp).  BC\nis a mining-friendly jurisdiction with reasonable processes, good\ninfrastructure and potential First Nation partners – extending\nAC/DC’s land holdings in BC which makes our company stronger and\nincreases the value of our mining assets in the region.  Something we\nplan on turning into a tangible value for our shareholders.”\n \n \n \n \n B.C. Minfile assessment report data indicates that most\nof the area covered by the Copper Property was at one time or another\ncovered by staking during surges of exploration in B.C. dating from\nthe 1940’s to present day.  Lar...