Braveheart Resources Inc.: Braveheart Announces New Option Agreement to Acquire Alpine Gold Mine Property
(TSXV: BHT) (OTCQB: RIINF) (
Braveheart or the
Company ) is pleased to announce that it has entered into a new option agreement to acquire a 100% interest in the past-producing Alpine Mine Property ( Alpine ) near Nelson, British Columbia. Braveheart previously held an option on the property during the period November 2016 until December 2019. The original option agreement was terminated when the Company failed to make a staged progress payment. Gold ( Au ) prices have significantly improved in recent months with the six-month trailing average exceeding USD$1,800 per ounce. When Braveheart originally entered an option on the property, the price of gold was USD$1,200 per ounce.