TORONTO, ONTARIO–(Marketwired – Sept. 15, 2015) – Reliant Gold Corp. (“Reliant” or the “Company“) (TSX VENTURE:REC) is pleased to announce that it has staked eight claims totaling 3,560 hectares in northern British Columbia. The staking focuses on two mineralized areas of interest. One area hosts copper, gold and molybdenum occurrences and prospects in the Omineca district regionally along strike with the Kemess and Kemess North Cu-Au deposits approximately 100 km to the northwest. The second area covers gold and silver occurrences in the Skeena district and located near the past producing Eskay Creek gold mine.
President and CEO, Errol Farr, states, “the Company is continuing its search for and acquisition of prospective mineral properties in North America. This staking combined with the acquisition of the East Bay Property, located in northern Ontario (News Release dated March 12, 2015) represents a part of this strategy. The Company is also party to a joint venture agreement (49%) with Goldcorp Inc. on the Borden Lake South Property, which is located adjacent to Goldcorp’s Borden Lake discovery.”
Trevor Boyd, Ph.D., P.Geo., a Qualified Person as defined by National Instrument NI 43-101 (“NI 43-101”) and the Vice-President of Exploration and a director of Reliant, supervised the preparation of the technical information contained in this press release in compliance with NI 43-101.
Reliant is a junior mineral exploration company with an experienced management team engaged in the acquisition, exploration and development of properties for the mining of precious and base metals. Reliant holds a 49% joint venture interest in the Borden Lake South Property, comprised of 20 mining claims representing 294 claim units covering approximately 4,704 hectares, located 10 kilometres east of the Town of Chapleau, Ontario. The common shares of Reliant trade on the TSX Venture Exchange under the stock symbol “REC”.
Certain statements in this press release may constitute “forward-looking” statements which involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of Reliant or the industry in which it operates to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this press release, the words “estimate”, “believe”, “anticipate”, “intend”, “expect”, “plan”, “may”, “should”, “will”, the negative thereof or other variations thereon or comparable terminology are intended to identify forward-looking statements. Such statements reflect the current expectations of the management of Reliant with respect to future events based on currently available information and are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from those expressed or implied by those forward-looking statements. These risks and uncertainties are detailed from time to time, including, without limitation, under the heading “Risk Factors”, in Reliant’s prospectus and in other continuous disclosure documents that are filed by Reliant from time to time with the Ontario, Alberta and British Columbia Securities Commissions which are available at www.sedar.com and to which readers of this press release are referred for additional information concerning Reliant, its prospects and the risks and uncertainties relating to Reliant and its prospects. New risk factors may arise from time to time and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of Reliant to be materially different from those contained in forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Reliant cannot assure investors that actual results will be consistent with these forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.
The forward-looking information contained in this press release is current only as of the date hereof. Reliant does not undertake or assume any obligation, except as required by law, to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
No securities commission or regulatory authority has approved or disapproved the contents of this press release.
Neither the 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.
J. Errol Farr, CPA, CMA
Chairman, Chief Executive Officer and Director
(416) 363-4567 (FAX)