JSHG Acquires 14 claims in Jane’s Township - Sudbury Mining Div. Northern Ontario
March 22 2017 - 5:11AM
Joshua Gold Resources Inc. (OTC PINK:JSHG)
(“JSHG, or “Joshua”) an American gold exploration company
headquartered in Canada, engaged in the exploration of highly
prospective properties in North America, is pleased to announce it
has acquired 14 claims (560 acres) in Jane’s Township, Sudbury
Mining Division, in Northern Ontario.
The newly acquired 14 claims (560 acres) in
Jane’s Township, Sudbury Mining Division, in Northern Ontario are
potential gold targets. The region has gold occurrences in
shallow (2 meters to 40 meters in depth) sedimentary
formations called the Mississagi formation. This paleo-placer
formation is unique and it is a new, innovative way to locate
gold in these very shallow geological formations.
The property, ”Jane’s Reef”, is south of where
junior exploration companies are planning a major exploration
program this coming summer to explore the gold anomalies in the
Mississagi formation.
Ben Fuschino, JSHG CEO, “It is an interesting,
unusual gold occurrence and our geological team will be monitoring
how the other companies make out in testing this ‘new’ zone this
summer so we can better plan our exploration techniques in
exploring “Jane’s Reef”.
Joshua Gold Resources Inc.
(OTC:JSHG) purchased 100% of the property for $750 cash, one
hundred and sixty thousand (160,000) common shares of JSHG and
granted a three per cent (3.0%) Net Smelter Royalty on the property
to the vendor.
Joshua Gold Resources Inc.
(OTC:JSHG) is a publicly traded American gold exploration company
headquartered in Canada, engaged in the exploration of highly
prospective properties. Joshua Gold’s focus is to pinpoint mineral
opportunities in Northern Ontario, Canada, a mature and friendly
jurisdiction for exploration and mining companies. Northern Ontario
is home to the three billion year old Canadian Shield which
contains a wealth of minerals from nickel, gold, copper and cobalt
to chromium. For more information on JSHG go to
http://www.joshuagoldresources.com/.
Safe Harbor Statement
This release includes forward looking statements. These
forward-looking statements generally can be identified by phrases
such as JSHG or its management “believes”, “expects”, “forsees”,
“forecasts”, “estimates”,or other words or phrases of similar
import. Similarly, statements herein that describe the Company’s
business strategy, outlook, objectives, plans, intentions or goals
also are forward-looking statements. All such forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those in
forward-looking statements.
Investors Relations Contact:
Wall Street Media Group
1-888-465-6551 or info@Wallstreetmediagroup.com
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