A diamond drill program is expected to start shorty on Goldhunter Explorations’ Federal- Kirkland gold property near Kirkland Lake, Ont. Funded by Gunnar Gold, which has the right to earn an interest in the claims, the program will test several geophysical anomalies west of known gold zones.
Geophysical surveys are also in progress on the company’s Sandra Twp., property near Beardmore, Ont. The company has also acquired an additional 23 claims here. A private placement of Goldhunter shares will net the company $250,000. The company also holds 228,000 shares of Gunnar. Both issues trade on the Alberta Stock Exchange.
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