Business
Kiboko Gold Completes Earn-in Option on the Harricana Gold Project Located 55km North of Val-d’Or, Québec
KELOWNA, British Columbia / Jul 21, 2022 / Business Wire / Kiboko Gold Inc. (TSXV: KIB) (“Kiboko” or the “Company”) is pleased to announce that Tres-Or Resource
About this update from Kiboko Gold, Inc.
[{"type":"text","content":"KELOWNA, British Columbia / Jul 21, 2022 / Business Wire / Kiboko Gold Inc. (TSXV: KIB) (“Kiboko” or the “Company”) is pleased to announce that Tres-Or Resources Ltd. (“Tres-Or”) has notified Kiboko that all terms in the Amended and Restated Option Agreement dated November 3, 2021 (the “Option”) have been completed. As a result, Kiboko has been deemed to have exercised the Option. The documents to transfer Tres-Or’s interests in the Harricana Project to Kiboko have been filed with the Québec Ministry of Energy and Natural Resources, which are expected to take up to 45 days to process. The Harricana Project consists of 234 contiguous mineral claims covering 102 square-kilometres of prospective Abitibi greenstone belt terrain and is located 55 kilometres (“km”) north of Val-d’Or, 85 km east of Rouyn-Noranda, and 15 km northeast of Amos. Following completion of the Option, Kiboko owns 230 of the claims and is a 65% owner of the remaining 4 claims, upon which there is an option agreement to acquire the remaining 35% from a third party. A detailed summary of the Harricana Project is provided in Kiboko’s news release dated July 5, 2022, and additional information about Kiboko and its Harricana Project can be found on SEDAR at www.sedar.com and on the Company’s website at www.kibokogold.com. About Kiboko Gold Inc. Kiboko is a Canadian-based gold exploration company focused on advancing its 102 km2 Harricana Project located 55 km north of Val-d’Or, Québec within the world-renowned southern Abitibi gold belt. Kiboko’s shares trade on the TSX Venture Exchange under the symbol “KIB”. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are ...