Firebird Resources gets final approval on Pageland deal
2011-01-12 15:07 ET - News Release
Mr. Thomas Tough reports
FIREBIRD RESOURCES INC. ANNOUNCES FINAL APPROVAL OF OPTION AGREEMNT
The TSX Venture Exchange has provided final approval of Firebird Resources Inc.'s previously announced option agreement with Pageland Minerals Ltd. Pursuant to the option agreement, Firebird may acquire up to a 100-per-cent interest in certain mineral leases held by Pageland within the counties of Lancaster and Chesterfield in the state of South Carolina on the terms and conditions set forth in the option agreement. The mineral leases consist of 20 separate mineral leases constituting a total area of approximately 2,000 acres over three prospective gold properties, being the Buzzard, Jefferson and Belk properties.
Firebird also announced today that it has filed a National Instrument 43-101 technical report dated July 18, 2010, with respect to the Buzzard and Jefferson prospects. The report was prepared by consulting minerals geologist Richard C. Capps, PhD, CPG, and can be found on SEDAR. Mr. Capps is a qualified person as defined by NI 43-101, and is responsible for the report and has reviewed and approved disclosure of the report.
The company intends to file additional information with respect to the report in a subsequent news release.
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