TLC EXPLORATIONS ACQUIRES ADDITIONAL LAND IN BEARDMORE-GERALTON GOLD CAMP THROUGH EARN-IN AGREEMENT - Monday, March 17 2008
TLC Explorations Inc. (TLCX) is pleased to announce 25% participation with Dominican Republic mining company, Advandtel Dominicana S.A. in the development of Advandtel’s previously acquired 50 claim units (approximately 2000 acres) of property located in the Beardmore – Geraldton Gold Belt, located approximately 130 kilometres east of Thunder Bay, Ontario.
The Advandtel property is situated approximately 20 kilometres, south of the recently discovered Kodiak Explorations, Hercules Project which has produced significant drill results to date.
The Advandtel claims cover an area approximately 5 kilometres long, directly below the town of Nezah, Ontario and intersect two (2) well known gold bearing properties; namely the Craskie and Dalton properties. The Craskie property, previously drilled by Tombill Mines, resulted in a suggested 200,000 tons grading approximately 0.18 oz/ton, while work on the Dalton property to the east suggested a continuation of a gold-bearing mineral trend east-west, within the iron formation.
TLCX may earn the 25% participation in the property by spending a minimum of $150,000 on the Advandtel claims, within 12 months starting February 15, 2008.
This latest agreement with Advandtel provides TLCX participation in a total of 2,800 acres of mining claims within the Beardmore – Geraldton Gold Camp. Kodiak Explorations has recently staked most of the surrounding properties adjacent to the Advandtel/TLCX properties and recently drilled on land adjacent and directly north of the TLCX properties.
The Beardmore-Geraldton mineral belt has produced 4.1 million ounces of gold from several deposits located along its 84 kilometre east-west extent, and is up to 21 kilometres wide. The drilling results by Kodiak Explorations in the immediate area has resulted in new found interest by the investing public as well as a staking rush and area play by many junior exploration companies.
For Further Information contact:
Charles J. Elbourne, President
TLC Explorations Inc.
