Laredo Resources Corp. Contracts Pony Mountain
May 07 2013 - 8:00AM
Laredo Resources Corp., (OTCQB:LRDR) ("Laredo") is pleased to
announce that it has signed the final definitive contract for the
Sale and Purchase of the Pony Mountain Gold Property in Pony
Mountain, Montana, USA.
The sum of $200,000 has already been paid out and applied to the
purchase price. The balance of $2,800,000 is to be paid in equal
quarterly installments of $250,000. Under the agreement the
sellers retain a 2% NSR.
The Pony Mountain Gold property is located in the premier,
gold-producing Mineral Hills District in South Western Montana.
This 4000-acre package, assembled over decades by a local family
and an area geologist, consists of several previously-mined,
underground, hard-rock vein systems, and contains 'dumps' created
by 'drifted tunnels'.
For further information on Laredo Resources Corp & Pony
Mountain Gold: www.laredoresources.com,
www.ponymountaingold.com
Laredo Resources Corp. Safe Harbor
Statement
This press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
forward-looking statements, based on the current plans and
expectations of management, are subject to a number of
uncertainties and risks that could significantly affect Laredo's
current and future plans and expectations, which Laredo undertakes
no future obligation to publicly revise.
No stock exchange or regulatory organization in the USA or
Canada accepts responsibility for the adequacy or accuracy of this
release.
CONTACT: Robert C. Gardner
Phone: 1-406-213-4700
E-mail: robertgardner@laredoresources.biz
Websites: www.laredoresources.com
www.ponymountaingold.com
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