TAD Acquires Additional Hydrothermal Graphite Prospect in Ontario
July 25, 2013 — Vancouver, BC (Source: Marketwired) — TAD Mineral Exploration Inc. (“TAD” or the “Company”) (TSX VENTURE:TJ) wishes to announce it has acquired additional acreage prospective for hydrothermal graphite in Ontario. This new prospect, the ‘Constance Lake West’ hydrothermal graphite prospect borders Zenyatta Ventures Ltd. Management plans to mobilize crews onto this prospect shortly. Based on Government of Ontario map 3890G for the district of Cochrane, a magnetic low anomaly is present within this new property. Please refer to the TAD website to view the map. This new prospect consists of 26 contiguous claims covering approximately 955 acres bordering the Zenyatta Ventures Ltd. property.
Conrad Clemiss, President of TAD states, “We are very pleased to add this prospect to our portfolio of projects. This new acquisition will enable TAD to signficantly increase the acreage held bordering Zenyatta, with the new property encompassing a prospective magnetic low anomaly. TAD will now have 40 claims covering approximately 1,580 acres. Management is optimistic about the future growth of TAD and looks forward to mobilizing crews shortly to investigate this prospect.”
Mr. Gregory Thomson, P.Geo., QP and a director of TAD states, “We feel that the discovery made by Zenyatta may be part of a district-wide geological setting favorable for the formation of sizeable graphite deposits. The Zenyatta discovery, associated with a magnetic low on their property, provides the impetus for the discovery of other such similar deposits that may occur in this region.”
If you wish to be added to TAD’s information list, please send an email to email@example.com
Terms of the agreement call for a cash payment of $20,000 and issuance of 3,000,000 shares on TSX Venture Approval. This prospect was acquired from arms-length vendors.
ON BEHALF OF THE BOARD
Get our daily investorintel update
TAD MINERAL EXPLORATION INC.
Conrad Clemiss, President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>