Jun 10 2014
Granite Creek Gold Ltd. is pleased to announce the completion of the field portion in the work program recently announced on its 75 sq km Darsalam concession, located in Mali, West Africa.
During the program, 4 areas of orpaillage, where the local miners dig pits in the search for gold, were located and mapped. Over 440 soil samples and 114 rock grab samples were collected. Samples have been submitted to the SGS Laboratory in Bamako for analysis, results are pending.
The Company also announces that possible irregularities in ownership of the Bourdala Sud Ouest gold concession have been discovered. The Company has asked for clarification on some matters from the vendors, and both parties have agreed to suspend the acquisition agreement until the matter is resolved. The Company is currently researching the matter.
During a recently completed visit to Mali, management met with the owners of several gold concessions. After reviewing property submissions, the Company has entered into exclusive negotiations on two concessions. The Company looks forward to announcing more acquisitions of gold concessions as it increases its focus on Mali.
Source: http://www.granitecreekgold.com