Vancouver, British Colimbia (FSCwire) – Vancouver, BC – Vangold Mining Corp. (“Vangold” or the “Company” – TSXV:VAN, OTC:VGLDF) is pleased to announce that its wholly owned subsidiaries have entered into agreements to acquire seven mining claims, totalling 2,798 hectares, located in the States of Guanajuato and Queretaro, Mexico. The claims are grouped in three separate blocks, all located within 6 hours drive of Guanajuato City, which is now the Company’s base of operations for engineering, data storage, mapping and support staff.
The Patito I and II claims (646 hectares, located 10 km Southeast of Guanajuato city) will be acquired and held by Obras Mineras El Pinguico SA de CV, due to their proximity and expected synergy to the existing El Pinguico project. The claims are strategically located 1,500 meters West of the El Pinguico project, providing a possible extension of the mineralized zone and bringing the total land package of the project to 747 hectares.
The Analy I and II claims and El Ruso claim (1,215 hectares, located 50 km East of Guanajuato city), and Camilla and Ysabela claims (937 hectares, located 175 km East of Guanajuato city) will be acquired and held by CanMex Silver SA de CV. These claims are at the exploration stage and lie within the prolific Mexican Silver Belt.