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Canadian International Minerals Inc. Acquires 100% Interest in Pikoo Extension Properties in Emerging Saskatchewan Diamond Camp
(via Thenewswire.ca) Vancouver, British Columbia / TNW-ACCESSWIRE / SEPTEMBER 12...
About this update from Egr Exploration Ltd
[{"type":"text","content":"Canadian International Minerals Inc. Acquires 100% Interest in Pikoo Extension Properties in Emerging Saskatchewan Diamond Camp(via Thenewswire.ca)\n\n \n\n\n\n\n \nVancouver, British Columbia / TNW-ACCESSWIRE / SEPTEMBER 12, 2014, / Canadian International Minerals Inc. (\"CIN\" or the \"Company\") (TSX-V: CIN) announces that it has acquired a 100% interest in three properties collectively called the Pikoo Extensions A, B and C (the \"Properties\") from three private arm's length individuals.\n\n \n \nThe Company will pay $3,239 (staking costs) and issue 600,000 common shares the vendors. The three claim groups are comprised of 8 claims totalling 4,207 hectares (10,395 acres). There are no royalties or further commitments by CIN other than assessment requirements to maintain the properties as per Saskatchewan government regulations. The Pikoo Extension A group directly adjoins North Arrow Minerals Inc.'s (TSX-V: NAR) Pikoo property to the northeast, with Pikoo Extension B and C lying approximately 7 kilometers northeast of North Arrow's Pikoo's northern boundary. A map of the properties can be found on the Company's website.\n\n \n \nNorth Arrow has made a new diamondiferous kimberlite discovery in the Saskatchewan craton, establishing a new diamond exploration region that is under-explored by Canadian standards. The Pikoo Extension Properties cover a major regional fault structure (Tabbernor Fault) in the Saskatchewan Craton, and are centered approximately 140 km east of La Ronge, Saskatchewan. With these latest additions, the Company is now exposed to approximately 114,938 hectares of prospective ground in the emerging Pikoo Diamond Camp.\n\n \n \nOn behalf of the Board of Directors,\n\n \n \n\"Michael E. Schuss\"\n\n \n \nMichael E. Schuss\n\n\n \nPresident and Chief Executive Officer\n\n \n \nThe technical data in this news release has been reviewed by Thomas Hasek, P. Eng., a Qualified Person under the terms of N.I. 43-101. The transaction is subject to the acceptance of the TSX Venture Exchange. \n\n \n \nFor further information on Canadian International Minerals Inc. please visit the company website at www.cin-v.com or contact Michael E. Schuss at 604-241-2254.\n\n \n \nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibi...