Arcus Development

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White Gold District Property Synopsis

Shares Out: 13,481,241
Market Capitalization: 1,617,749
Estimate of Cash Position: 630,000
Property Name: Green Gulch, Touleary, Dan Man and Shamrock
Property Size (Hectares): 7,000
Distance from White Gold: Spitting distance
Property Origin: ATAC

Details

Arcus who can earn a 50% interest in all four projects by making cash payments totalling $185,000, issuing a total of 1,000,000 of its shares to ATAC and completing a total of $3,500,000 in work expenditures, all over a three year period. Arcus will be the operator until it earns a 50% interest in the project.

Company Overview

Has a couple of Mexican properties. New focus is the White Gold Play. Green Gulch is actually inside the White Gold Property.

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