Golden Range Resources says it has optioned 116 units or about 7,200 acres some 40 air miles from Revelstoke, B.C., and can earn a 100% undivided interest by spending $500,000 over five years, and making cash payments of $100,000 over the same period.
The company says it is nearing completion of a program consisting of an airborne survey, and detailed prospecting of specific areas to expand on historical findings. It adds that preliminary mapping of the area shows the presence of replacement type, stratabound and quartz vein related mineralization, existing in three main zones.
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