Goldrea Resources Corp. (CSE: GOR) (FSE: GOJ1) (OTC Pink: GORAF) has recently announced the acquisition of a 100% interest in two mineral tenures in the Golden Triangle of northern British Columbia. This strategic move, which covers 71 hectares adjoining the west side of Goldrea's Cannonball property, is a significant addition to the company's over 5,000-hectare land position in this increasingly important region.
The acquisition, dubbed the "Plus" Property, was secured for 500,000 common shares in the capital of the Company, subject to a four-month hold period. This transaction not only expands Goldrea's footprint in the Golden Triangle but also complements its existing exploration plans. The company's 2025 program will now include the new claims, with updated reports on known copper and gold prospects expected to be released soon.
The proximity of Seabridge Gold's recent Snip North discovery on the Iskut Project further enhances the strategic importance of the Plus Property. Seabridge's major follow-up program this year has drawn significant attention to the area, and Goldrea's embedded position in this proximity could potentially lead to significant discoveries.
The geological characteristics of the Plus Property make it an attractive addition to Goldrea's portfolio. The Golden Triangle is renowned for its mineral wealth, with numerous significant deposits and discoveries. The new claims have the potential to host significant copper and gold deposits, further boosting Goldrea's overall resource potential.
In conclusion, Goldrea's acquisition of the Plus Property is a strategic move that strengthens its position in the Golden Triangle. The company's expanded land position, combined with its planned 2025 exploration program, sets the stage for potential significant discoveries and further growth. Investors should closely monitor Goldrea's progress in this promising region.
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