Buffalo, NY 12/3/2009 6:31:14 AM
News / Business

Additional Rights Acquired by Ironwood Gold Corp.

Announced recently by Ironwood Gold Corp. was the agreement for the acquisition of 32 additional Federal lode mining claims contiguous to the existing property interests at the Cobalt Canyon Gold project in Nevada.  22 unpatented claims (approximately 363 acres) and three patented claims covering 59 acres, for a total of approximately 422 acres of land was the initial start-up of the Cobalt Canyon Gold project.  The project now encompasses a grand total of 696 acres in the Chief or Caliente mining district of southeastern Nevada, about 115 miles northeast of Las Vegas and 5 miles north of the town of Caliente, due to the additional 32 claims covering 274 acres. 

 

Company President Robert Reukl states, "These additional claims cover the ground from which surface rock samples indicate a high probability of mineralization at depth. If the mineralization is present, this larger claim block increases the possibility of open pit mining in addition to underground ore extraction, and provides room for recovery facilities and waste disposal management."

 

 

 

               

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ABOUT IRONWOOD GOLD CORP. (OTC.BB:IROG)

Ironwood Gold Corp. is a mineral exploration and development company building a portfolio of prospective properties containing known deposits of strategic precious metals in politically stable, mining-friendly North American districts with recognized production histories.

 

 

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