Jayden Resources Inc. Enters Into Option to Acquire Grassy Claims
06.03.2012 | Marketwire
VANCOUVER, BRITISH COLUMBIA -- (Marketwire - March 6, 2012) - Jayden Resources Inc. (TSX:JDN) ("Jayden" or the "Company") announces that the Company has entered into a property option agreement with Decade Resources Ltd. ("Decade") to acquire a 100% interest in Decade's Grassy 1 and Grassy 2 mineral claims which are located in the Skeena Mining Division approximately 24km north of Stewart, BC. The Grassy Claims adjoin the eastern edge of the Company's Silver Coin gold project.The Grassy Claims cover a gross area of approximately 830 hectares although the net area is somewhat less due to preexisting and overlapping claims. The claims are accessible from a spur road off of the Granduc Road which passes through the Silver Coin property. It is the intention of the Company to use the Grassy Claims in the future as part of the mine plan for Silver Coin.
Under the terms of the agreement with Decade, the Company has the option to buy the Grassy Claims any time prior to December 31, 2012 for the cash price of $60,000.
Technical information in this press release was reviewed by Lawrence Dick, Ph.D., P.Geo., recognized as a Qualified Person under the guidelines of National Instrument 43-101.
About Jayden Resources
Jayden Resources is a Canadian exploration company with a National Instrument 43-101 compliant resource on the Silver Coin gold/silver deposit located in the Stewart Camp, Northern B.C. that includes the historic Silbak-Premier Mine and Barrick Gold's famed Eskay Creek Mine.
On Behalf of the Board:
David Eaton
Chief Executive Officer
The Toronto Stock Exchange has not yet reviewed and does not take responsibility for the adequacy of the content of this news release.
Contact
Jayden Resources Inc.
Mike Thast
604-688-9588
778-329-9361 (FAX)
www.jaydenresources.com