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Huntington Exploration Inc. (
Companyâ or â
Huntingtonâ) announced today it has added to the Companyâs Birch-Uchi Project land holdings in the Red Lake Gold District through an armâs length mineral property acquisition (the âAcquisitionâ). Aggregate land holdings have been increased by 184 claims or 3,855 square kilometers to a total of 11,280 square kilometers.
ACQUISITION TERMS
Huntington has acquired by way of a mineral property acquisition agreement with an armâs length third party in exchange for a cash payment of $10,520 for recording costs and nominal expenses only, with no issuance of common shares or royalties.
THE PROPERTY HIGHLIGHTS
These additional claims cover favorable geology and some known mineral showings surrounding the companies Birch-Uchi Property announced on January 15, 2021, which is located midway between Red Lake and the Springpole Gold Project approximately 80 kilometers to the northeast. Huntingtonâs claims