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Shares Out: 18,111,000
Market Capitalization: 1,811,100
Estimate of Cash Position: 1,500,000
Property Name: Six Properties
Property Size (Hectares): 13,050
Distance from White Gold: 60 km SE
Property Origin: Strategic Metals

Details

Central has an option to purchase 100% ownership of these Properties (subject to a 3% NSR) by making staged payments totaling $300,000 cash and 3 million shares by Feb 2012.

An initial program of follow up prospecting and additional soil sampling is being conducted on the Properties this summer, with the goal of defining and prioritizing prospective trenching and drilling targets for subsequent testing next year. Funded by the Axeman.