Gold’n Futures executes definitive agreement to acquire 100% of Brady Gold Project in central Newfoundland - Seite 3
The Reid mineralization is a much older (488 Ma) system than the Cretaceous Cordilleran examples. The comparison between these deposits suggests that the Property has the potential to host significant intrusion hosted, open pit mineable gold deposits similar in size and grade to that of the Fort Knox deposit (252 MT @ 0.47 g/t Au –Kinross Gold website). Giroux, G.H., P.Eng. and Froude, T., P.Geo.. 2013, Form 43-101F, Technical Report for the Reid Zone Resource Estimate, Brady Project. p12-13.
Terms of PSA
Pursuant to the PSA, the Company will acquire the Property upon the issuance of 6,000,000 common shares of the Company, and by granting the royalty to United Gold in the form agreed upon and attached to the PSA.
The Company will also pay a finder’s fee to qualified parties in connection with the acquisition of the Property.
Qualified Person
The scientific and technical content of this press release has been prepared, reviewed and approved by Mr. Walter Hanych, P. Geo., who is a Qualified Person under NI 43-101 regulations and is a consultant of the Company.
About Gold’n Futures Mineral Corp.
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Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M) (OTC: GFTRF) is a Canadian based exploration company focused on acquiring prospective precious metals properties with the objective of making new discoveries in established gold camps in Canada.
On behalf of the Board of Directors
For further information
Theo van der Linde, Director & interim CEO
Phone: 604-687-2038
www.goldnfuturesmineralcorp.com
The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.