(TheNewswire)
Sep 5th 2018 / TheNewswire / Vancouver, British Columbia. Zadar Ventures Ltd. (the “Company”) is pleased to announce that it has entered into an option agreement with a private staking syndicate to purchase the East Boundary mineral claims which consists of 1,888 Hectares in the prolific Golden Triangle located in Northern B.C.
Zadar has the option to purchase a 100% interest by issuing 3 million shares (one million shares on TSX Approval and 2 million shares within 18 months) and granting Carl von Einsiedel a 2% NSR.
The Company acquired the East Boundary Property based on its proximity to drill hole FK 18-10 announced by Aben Resources on August 09, 2018. One of the claims that comprise the East Boundary Property adjoins the eastern boundary of Aben's Forrest Kerr Property approximately 2.5 kilometers east of the recently announced DDH FK 18-10. The remainder of the 1,888-hectare claim package is within 5 kilometers of the Forrest Kerr Property.
Published government geological maps indicte that the East Boundary Property is underlain by Triassic-Age Stuhini rocks and straddles Kyba's Red Line which maps a key geological contact in the Golden Triangle that is closely related to copper and gold mineralization throughout the district.
An evaluation of available ASTER (satellite imagery) has identified four distinct sericite - illite alteration anomalies on the East Boundary claims which clearly warrant follow up exploration work.
The Company has mobilized a geological team to evaluate the property and will provide results as soon as they become available.
Carl von Einsiedel, PGEO has approved the contents of this press release and is one of the vendors of the Property
Zadar Ventures Ltd. is a Resource Company focused on the acquisition and exploration of economically viable green energy resources in jurisdictions favorable to mining and industry. For more information we invite you to visit the company’s website at www.zadarventures.com
ON BEHALF OF THE BOARD OF DIRECTORS
Mark Tommasi,
Chairman
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company’s disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
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