Friday, 13th August 2004 (2415 views)

North American Gold has revealed a new deal where it will acquire two exploration properties in Sweden.

Reportedly one of the properties is a copper-gold target and is 2,012 hectares in size.

Buck Morrow, president of North American Gold commented: "Acquiring these two prospects for minimal staking costs complements our existing exploration projects at Barsele and Norra.

"We are compiling available data and initiating field reconnaissance to establish an exploration model and strategy for these properties."

According to Business Centre, shares for the company were last traded at 40 cents on July 28.

 

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