Daulton Capital Establishing Gold Exploration in Region That Favors Investment and Rewards
Yukon Gold Mining Alliance Calls the Yukon One of the Best and Most Exciting Jurisdictions in the World in Which to Conduct Mineral Exploration and Mining
Dec. 7, 2010 (Marketwire) --
LAS VEGAS, NEVADA -- (Marketwire) -- 12/07/10 -- Daulton Capital Corp. (OTCBB: DUCP), a natural resource finance company specializing in precious & base metal developments, is please to provide shareholders some commentary from the Yukon Gold Mining Alliance, which called the region one of the best and most exciting jurisdictions in the world in which to conduct mineral exploration and mining.
The Yukon Gold Mining Alliance made comments about the Yukon in a press release dated December 2, 2010, where they noted a number of positive reasons for investment in the Yukon, including the following:
-- The Yukon has world-class deposits, with 2,700 known mineral occurrences
and more than 80 mineral deposits with established reserves, some of
which are the largest known in the world.
-- It has well-developed infrastructure, including more than 4,800
kilometres of all-weather roads, numerous airports, direct access to
Asia via two ice-free ports in neighbouring Alaska, clean energy,
Internet and cell phone service throughout the territory.
-- The Yukon government understands business, promotes investment and
offers favourable tax incentives and mining laws that provide secure
mineral tenure and has a single coordinated approach to environmental
assessment. And the Yukon's royalties are amongst the most competitive
in Canada.
-- And, perhaps most encouraging, recent increases in mineral exploration
activity have quickly reaped rewards, with significant discoveries in
gold, silver and copper.
Located in the well recognized, and prolific, Tintina Gold Belt, Daulton Capital's Balarat Project straddles Balarat Creek, one of the most productive creeks in the Yukon. This claim block is in close proximity to both the Underworld and Kaminak discoveries, which are now owned by Kinross after a takeover valued at about $140 million.
Kaminak, already recognized as bigger than the White Gold Project, has recently discovered two new, at surface, gold zones with drilling at Americano yielding a new gold discovery of 2.36 g/t Au over 18m.
About Daulton Capital Corp.
Daulton Capital Corporation is a natural resource finance company focused on precious and base metals as well as oil & gas opportunities. Management's corporate philosophy is to be a Project Generator, with the objective of optioning/joint venturing projects with major and junior natural resource companies from inception through to production. The Company has acquired property rights in the Klondike Gold region of the Yukon and continues focusing on acquiring and/or funding additional resource projects. Please visit www.daultoncapital.com for more information.
Safe Harbor Statement
This press release contains 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 are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
Daulton Capital Corp.
Peter Graham
1-877-882-7858
Daulton.Capital@yahoo.com
www.daultoncapital.com
Source: Marketwire (December 7, 2010 - 9:31 AM EST)
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