Property Status
The Elwood property consists in a contiguous area of 21 mining titles, 20 claims and 1 patented claim for a total property surface area of 2208 hectares. As of October 2007, Golden Share holds an option to acquire a 100% interest over 4 years by paying the Vendors a total of $230,000; issuing a number of shares representing an equivalent value of $210,000 according to market price at the time of each of the three instalments and by incurring a total of $150,000 in exploration expenditures before December 31st 2008. In addition Golden Share will issue 1,440,000 shares to a private company that initially secured the Elwood option.
Laurence Huss, P.Geo., Vice-president Exploration of Golden Share Mining Corporation and Qualified Person for Golden Share, has reviewed and approved the content of Elwood informations.
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