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Patrone Options McLennan Lake Property, La Ronge, Saskatchewan
Published : February 12, 2013
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Mots clés associés :   Copper |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 12, 2013) - Patrone Gold Corp. (TSX VENTURE:AUR) (the "Company") is pleased to announce that on February 8, 2013 the TSX Venture Exchange accepted for filing an option agreement with an arm's length vendor, by which the Company can earn a 100% interest in the McLennan Lake Property, located in the northeastern extent of the La Ronge Gold Belt. Historic exploration activities have focused on the investigation of surface showings in the southwestern part of the property, by sampling, stripping, and trenching. All programs identified low-grade gold values of up to 3000ppb, with anomalous copper values over 3% at Asbell Bay. To date, the property has only been tested by a single drill hole.

Patrone can earn a 100% interest in the McLennan Lake Project by paying the vendor $10,000 cash and issuing 1,000,000 common shares within 5 days of regulatory approval and making additional payments totaling $500,000 cash over 42 months, and spending $3,000,000 in exploration expenditures within four years. A 1% NSR has been granted to the vendor, which can be purchased for $1,500,000 less all amounts previously received by Owner as NSR payments. No new insiders or control persons were created through this acquisition.

On Behalf of the Board of Directors of Patrone Gold Corp.

Anita Algie, B.Sc. Hon, President

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.

Patrone Gold Corp.
604-681-0004
www.patronegoldcorp.com

African Aura Mining Inc.

EN DÉVELOPPEMENT
CODE : AUR.V
ISIN : CA00830H1082
Suivi et investissement
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African Aura Mining est une société développant des projet miniers d'or basée au Canada.

Son principal projet en développement est NEW LIBERTY en Liberia et ses principaux projets en exploration sont NTEM, NKOUT et BATOURI au Cameroun et WEAJU, GONDOJA et PUTU en Liberia.

African Aura Mining est cotée au Canada et au Royaume-Uni. Sa capitalisation boursière aujourd'hui est 999 127 CA$ (765 331 US$, 683 517 €).

La valeur de son action a atteint son plus haut niveau récent le 08 avril 2011 à 5,00 CA$, et son plus bas niveau récent le 13 septembre 2013 à 0,01 CA$.

African Aura Mining possède 4 757 747 actions en circulation.

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Communiqués de Presse de African Aura Mining Inc.
12/02/2013Patrone Options McLennan Lake Property, La Ronge, Saskatchew...
25/02/2010Airborne Geophysical Survey Of Cameroon Iron Ore Projects
25/02/2010UK Office is moving
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TSX-V (AUR.V)LSE (AAAM.L)
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