Mar 19 2015
Sonoro Metals Corp. and Northern Empire Resources Corp. today announced the acquisition through staking of 23,880 acres (9,664 hectares) to expand the Hilltop Gold Project located 90 km southeast of Fairbanks, Alaska, USA.
Pursuant to an option agreement announced on March 11, 2015, the two companies have expanded the size of Hilltop, from 7,840 acres (3,172 hectares) to an aggregate 31,720 acres (12,836 hectares), through claim staking. The new claim block is comprised of 147 - 160 acre State of Alaska claims and 9 - 40 acre State of Alaska claims. The Hilltop block is now contiguous with Northern Empire's Richardson Property to the east.
John Robins, Northern Empire's Chairman stated. "We have effectively quadrupled the size of our land position because of an opportunity identified by our technical team. Hilltop now covers a significant geophysical magnetic and resistivity anomaly generated by a State of Alaska Division of Geological and Geophysical Survey airborne survey completed in 1994 and also consolidates claims covering prospective structural extensions."
Kenneth MacLeod, President & CEO of Sonoro, added, "Through the engagement of Northern Empire as the operator of the Hilltop project, we have been able to expeditiously capitalize on the extensive regional knowledge of the Northern Empire technical team to secure the compelling exploration targets surrounding the original Hilltop property."