AurCrest Gold Announces Additional Staking in Birch Lake Greenstone Belt
TORONTO, ONTARIO- (Feb. 28, 2011) - AurCrest Gold Inc. ("AurCrest" or the "Company") (TSX-V:AGO) wishes to announce that it has acquired 73 mining claim units totaling of 2,920 acres located 110 km east northeast of Red Lake, Ontario. The Company's newly acquired claims are 100% owned in the northern part of the Birch Lake Greenstone Belt, and situated to the west and contiguous to the AurCrest Richardson Lake Property.
The claims were staked by AurCrest in order to acquire the favorable volcanic geological trend along the north shore of Joneston Lake and north of Mink Lake along strike to the west from AurCrest's Discovery Zone gold showing situated on the North Shore of Richardson Lake. The newly acquired ground hosts a number of historic gold occurrences, which were sporadically explored in the 1980s. The Company is continuing to stake claims in the area of the Birch Lake Greenstone Belt.
Trevor Boyd, P.Geo., a qualified person as defined by National Instrument 43-101 ("NI 43-101"), Vice President of Exploration supervised the preparation of the technical information contained in this press release in compliance with NI 43-101.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Ian Brodie-BrownAurCrest Gold Inc.President and C.E.O.(416) 368-2929(416) 601-1450 (FAX)info@aurcrestgold.comwww.aurcrestgold.com
Aurcrest gold is a gold exploration company based in Canada.
Aurcrest gold holds various exploration projects in Canada.
Its main exploration properties are GARNET LAKE, RICHARDSON LAKE, COPPERLODE, FREDART LAKE, FREDART EAST, BEN LAKE, DIXIE PROPERTY, SOUTH BAY PROPERTY, JOY PROPERTY JOY LONG, SNAKE FALLS - SNAKE DIXIE, BRIDGET LAKE, CONFEDERATION LAKE - FALCONBRIDGE, RING OF FIRE and LAC ROCHER - TRIBUTE / STORIMIN in Canada.
Its stock quote reached its highest recent level on April 01, 2010 at CA$ 1.20, and its lowest recent point on December 27, 2018 at CA$ 0.01.
Aurcrest gold has 74 574 191 shares outstanding.