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Gold'n Futures Reports Changes to Its Hercules Gold Project Option Agreement and Announces Units Offering
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - GOLD'N FUTURES MINERAL CORP . (...
About this update from Gold'n Futures Mineral Corp.
[{"type":"text","content":"Gold'n Futures Reports Changes to Its Hercules Gold Project Option Agreement and Announces Units OfferingVancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - GOLD'N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M), (OTC Pink: GFTRF) (the \"Company\" or \"Gold'n Futures\") is pleased to announce changes to its option agreement for the Hercules Gold Property (the \"Agreement\"). The Agreement was previously announced in a news release dated October 26, 2020 with an amendment announced on September 28, 2022. In co-operation with the Property optionor, Prodigy Gold Inc. (the \"Optionor\"), the Agreement is further amended so that all of the Company's option payments to the Optionor and work obligations are paused for a period of one year. The new schedule of the payment obligations is contained in Table One. The amendment was initiated under existing terms of the Agreement and allows Gold'n Futures time to catch up with and to complete exploration programs together with upgrading previous Quality Control and Quality Assurance (\"QAQC\") measures to meet current regulatory standards such as may be contained in National Instrument 43-101 policies.President & CEO, Stephen Wilkinson commented:\"For the past two and a half years, Gold'n Futures has focused on compiling, organizing and digitizing all available information concerning its Hercules Gold Project. At the same time, property-wide, high resolution aerial Magnetometer and LIDAR surveys, plus a 10-hole 1,227 meter drill program were completed. With all of this new and historical data, the Company successfully built a comprehensive three-dimensional model of the entire Hercules property which covers more than 100 square kilometers. Our team has validated 547 drill holes and hundreds of meters of surface trenches that together comprise thousands of certified assays. The main benefits of our work include new representations of the high-grade gold zones with the significant geophysically indicated strike extensions measuring several kilometers.\"Gold'n Futures Accomplishments to Date:Below is a synopsis as to where Gold'n Futures has recently made its main advancements respecting its Hercules Gold Project:The newly developed database and model comprises several terabytes in size and fully incorporates of all historical data including 547 drill holes with 114,000m of core, ...