Geo Minerals Expands West Blackwater Property
December 16 2010 - 8:00AM
Marketwired
GEO MINERALS LTD. (TSX VENTURE: GM)(FRANKFURT: 8G3) ("Geo" or the
"Company") reports it has acquired two additional mineral claims
both adjacent to, and in the vicinity of, the 100 per cent owned
West Blackwater property located approximately 150 kilometers south
of Vanderhoof, B.C.
Claim number 834998 comprises 426.3 hectares and is contiguous
on the eastern boundary with the Company's West Blackwater
property. The Company has uncovered significant soil geochemical
anomalies (see PR dated December 14th, 2010) within 150 meters of
the common boundary.
Claim number 834367 comprises 484.1 hectares and is located
north of the West Blackwater property, separated by a narrow (450
meter) claim owned by Richfield Venture Ltd. (RVC-TSX: V), which
follows the access road.
To acquire 100% of the properties Geo will pay the vendor
$25,000 plus issue 100,000 common shares.
A finders fee will be payable.
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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