Linux Gold Corp. is pleased to announce a soil auger/lode exploration program is being planned for the Dime Creek gold/platinum property, located in Northern Alaska.
An eight-day project is planned to test several placer pits. A phased reconnaissance exploration program is recommended in order to gather enough information to finance and initiate a placer resource definition program.
DIME CREEK SUMMARY
The Dime Creek area is a historic producer of gold and platinum located in the eastern portion of the Seward Peninsula, within the Koyuk Mining District of Alaska. Examination of U.S. Mint production records and other sources indicate that Dime Creek has produced and estimated 40,000 to 60,000 ounces of gold from 1915 to 1955 -- most of which was produced prior to 1952. According to U.S. Government mint records, 105 ounces of byproduct platinum has also been produced from the Koyuk district, mostly from Dime Creek.
ABOUT LINUX GOLD CORP.
Linux Gold Corp. symbol LNXGF is involved with exploration of mineral properties:
Dime Creek on the eastern Seward Peninsula of Alaska, Linux Gold Corp. owns a 100% interest in a strip of 12 contiguous State of Alaska mining claims.
Linux owns a 5% royalty interest in the Fish Creek property until $2,000,000 is received. With a buy in option for a 25% interest within one year from production in lieu of the 5% royalty interest.
For more information on the Company, please visit www.linuxgoldcorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Robertson, President