Cariboo Cariboo Gold Mines PLC negotiates with Alix Resources Corp. about cooperation on Golden Gran

Cariboo Cariboo Gold Mines PLC negotiates with Alix Resources Corp. about cooperation on Golden Granite-Project

ID: 259473

(firmenpresse) - (DGAP-Media / 14.05.2013 / 08:30)



Cariboo Gold Mines PLC negotiates with Alix Resources Corp. about
cooperation on Golden Granite-Project

London, UK - May 14th 2013
The gold mine company Cariboo Gold Mines PLC, listed at the Berlin Stock
Exchange, currently negotiates with the Canadian gold mine operator Alix
Resources Corp about a cooperation of Cariboo Gold Mines on the Golden
Granite Project of Alix Resources in the US-American Yavapai County,
Arizona. The Golden Granite project area covers 60 hectares and is situated
approximately 175 miles southeast of Las Vegas. In this area, a number of
gold-bearing quartz lodes can be found. In samplings from the historic mine
Big Stick in the southwestern part of the area for example, more than eight
grams of gold per ton of spoil could be found.

Both companies are convinced that the final cooperation contracts will be
signed within the following two weeks.

The Company:

The Cariboo Gold Mines PLC is the parent company of Quesnel Gold Mines Inc.
with its place of business in Vancouver, Canada, which owns extensive
mining rights ('Claims'), acquired in his efforts since the 1970s by the
late Bernard 'Bud' Henning, an established expert on the mining of
resources. Over the decades Bud Henning collected a number of mostly
connected gold- and mineral concessions in different areas of the Canadian
Cariboo Regional District. After Bud Henning's death these concessions
descended into family property and are now, after further exploration
works, ready to be utilized.

The key project of Cariboo Gold Mines PLC is the exploration of the
Cottonwood-Claims, situated in the Canadian Cariboo District. The most
important milestone of the activities in the current mining season is the
execution of the drilling program on the claims. Results from the drilling




program and the accompanying exploration activities are expected for the
end of 2013. The start of the final gold production on the
Cottonwood-Claims is planned for the year 2014.

Important Notice, Forecasting Phrasing
This or any other release by CARIBOO GOLD MINES PLC, its holding company or
its representatives contains statements with forward looking statements
which are based on estimations and assumptions made by CARIBOO GOLD MINES
PLC or its holding company. In connection with this press release, terms
such as 'assume', 'believe', 'estimate', 'expect', 'intend', 'plan', or
'predict' are supposed to refer to forward looking statements. Even if the
company management is of the opinion that these estimations and assumptions
are correct, the future developments and events can differ substantially
from those estimations and assumptions due to diverse factors. These
factors may for example include a shift in the overall economic
developments, from regulations for certain industries in which CARIBOO GOLD
MINES PLC is active to a change in licensing rights and cooperation rights
to the general or specific change of legislation's. CARIBOO GOLD MINES PLC
and its holding companies do not give out warranties and cannot be held
liable for the divergence of the real future development and the future
results of the company, and the estimations and statements given in this
press release. CARIBOO GOLD MINES PLC does not guarantee that the forward
looking statements or other contents in this and other press releases are
up-to-date. Thisor other publications of CARIBOO GOLD MINES PLC or its
holding companies or its representatives do neither constitute an offer to
sell, nor an offer to sign securities of Cariboo Gold Mines PLC in Germany,
Switzerland, or any other country. It is simply a matter of pure
information about the corporation. The investing in stock, especially stock
of a young company such as CARIBOO GOLD MINES PLC is subject to great risks
up to the complete loss of the invested capital. Investors should on
principle ask advice of qualified advisers before a possible investment in
stock.

Contact

Cariboo Gold Mines PLC?Thames House
Portsmouth Road
Esher, Surrey
KT10 9AD
United Kingdom

Thomas Werner, Director
Email: contact(at)cariboogoldmines.com
Internet: www.cariboogoldmines.com?End of Media Release

---------------------------------------------------------------------

Issuer: Cariboo Gold Mines PLC
Key word(s): Real estate

14.05.2013 Dissemination of a Press Release, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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210767 14.05.2013


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Bereitgestellt von Benutzer: EquityStory
Datum: 14.05.2013 - 08:30 Uhr
Sprache: Deutsch
News-ID 259473
Anzahl Zeichen: 5888

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