The mineral claims, comprise 21 unpatented lode mining claims totaling 420 acres, and are located 0.3 miles west of Emgold’s existing Buckskin Rawhide Property.
The current acquisition expands Emgold’s Buckskin Rawhide gold-silver property to 73 unpatented mining claims totaling 1,460 acres.
Forty-six of these claims are under a lease and option to purchase agreement with Nevada Sunrise and the remaining six claims were staked by Emgold.
The property now consists of two non-contiguous claim blocks — Buckskin Rawhide and Buckskin Rawhide West which are separated by claims owned by Pilot Gold Corporation that are part of the adjacent Regent property.
The company intends to conduct preliminary exploration work, consisting of geologic mapping and sampling of the Buckskin Rawhide West Target in 2012, using existing funds to complete the work.
