Business
Boxxer announces update on corporate activities
CALGARY , Dec. 2, 2013 /CNW/ - Boxxer Gold Corp. (TSXV: BXX) (OTC Other: BXXRF) (" Boxxe...

About this update from Exgen Resources Inc.
[{"type":"text","content":"\n\n\nCALGARY, Dec. 2, 2013 /CNW/ - Boxxer Gold Corp. (TSXV: BXX) (OTC Other:\n BXXRF) (\"Boxxer or the Company\") is pleased to provide an update of corporate activities including\n additional land acquisition and management changes.\n\n\nBoxxer Acquires Additional Mineral Claims near DOK Property\nBoxxer has acquired one mineral tenure adjacent to its existing claim\n group totalling 330.16 hectares from two private landowners. \n Consideration paid by Boxxer was $6,000 cash (split $1,500 on signing\n and $4,500 due on November 6, 2014) and a 1% net smelter return (NSR)\n royalty on the mineral claims subject to a \"Partial NSR Buyout\n Option\".  The Partial NSR Buyout Option allows Boxxer at any time to\n purchase half of the NSR for a cash payment of $0.5 million such that\n the NSR is reduced from 1% to 0.5%.\n\n\nRationale for the Mineral Tenure Acquisitions:\nThe mineral claim covers a portion of a large gossan located southeast\n of the DOK property. Two mineral showings are reported to occur\n (British Columbia Min file 104G 129) within this mineral tenure.  The\n north showing is reported to contain copper staining in outcrop with no\n assays reported.  The south showing is reported to consist of veinlets\n in green sandstone and dark grey siltstone of the Upper Triassic\n Stuhini Group at the head of Strata Creek. Approximately twenty\n discontinuous north-northeast striking, steeply-dipping veinlets from\n one to four centimetres in width occur across about five metres in\n outcrop. The veinlets are reported to contain blebby chalcopyrite,\n pyrite, and galena in a gangue of quartz and/or carbonate. Centimetre-\n scale rusty alteration selvages are present but alteration mineralogy\n was not noted. Two grab samples were taken from the veinlets, the best\n assay being 136,390 parts per billion gold (136.39g/t gold), 19.0 parts\n per million silver, and 0.29 per cent copper.\n\n\nThe DOK Property:\nThe DOK property, situated in NW BC, is a drill-ready stage project\n consisting of 10,674 hectares (26,365 acres)  The combination of\n Titan-24 results, airborne magnetic data, geology, alteration and\n copper-molybdenum-gold-silver mineralization exposed in potassic\n altered volcanics and intrusive rocks bedrock has identified two large\n porphyry style targets.\n\n\nHighlights of the historical...