Geo Minerals Acquires Additional Land at West Blackwater
12 April 2011 - 1:30AM
Marketwired
GEO MINERALS LTD. (TSX VENTURE: GM)(FRANKFURT: 8G3) ("GEO" or the
"Company") reports it has acquired additional land in the vicinity
of the 100 per cent owned West Blackwater property located
approximately 150 kilometers south of Vanderhoof, B.C.
Claim number 835014 comprises 116 hectares and is located
approximately 1 kilometer west of Geo's West Blackwater property,
separated by a narrow claim block owned by Richfield Ventures Ltd.
The Company's West Blackwater property now totals 1,471
hectares.
To acquire 100% of the properties Geo will make cumulative
payments of $15,000, issue 300,000 shares and grant a 2% NSR to the
vendor. The Company will also spend $50,000 on the claim block
during year one.
This transaction is subject to TSX Venture approval.
Geo Minerals is a junior exploration company actively seeking
mineral opportunities in North America for the benefit of all its
stakeholders. For further information we invite you to visit us at
www.geominerals.ca.
ON BEHALF OF THE BOARD
Michael England, 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.
Contacts: Geo Minerals Ltd. Michael England President
1-604-683-3995 or Toll Free: 1-888-945-4770 1-604-683-3988 (FAX)
www.geominerals.ca
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