International Samuel Acquires 100% Interest IN the Lucifer Property, Drill Permits, and Stock Options
888-700 West Georgia Street, Vancouver, British Columbia V7Y 1G5
INTERNATIONAL SAMUEL ACQUIRES 100% INTEREST
IN THE LUCIFER PROPERTY, DRILL PERMITS, AND STOCK OPTIONS
June 5, 2018 - International Samuel Exploration Corp . (the “Company” or “International Samuel” )
(TSXV: ISS USA: ISSFF FSE: RFC2) announces that the Company will complete the purchase of its
100% interest in the Lucifer property by issuing one million common shares to the Vendors, subject to
TSX Venture Exchange approval. T he Lucifer property (comprising 4,588.41 hectares) located in
northwestern British Columbia's Golden Triangle. The property is located in the northeastern part of
the Golden Triangle, along the same geological trend as Evrim Resources' Ball Creek property,
Colorado Resources' Hank and North Rok properties, Skeena Resources' GJ property, GT Gold Corp.'s
Tatogga property, and Imperial Metals' Red Chris mine.
The Lucifer Property has two historical shallow drill holes completed in 1991 (Noranda), which
reportedly intersected 15.1 g/t gold over 1.36 meters and 0.7 g/t gold over 5.70 meters. In addition to
the mapped alteration zone and strong soil geochemical anomalies Noranda identified multiple strong
“gold in stream” anomalies in the central part of the pro perty which have not been followed up. The
Company has also received a drill permit for the Lucifer property and will do conduction geophysics
before further drilling commences.
In addition, on exercise, International Samuel will grant a 2-per-cent net smelter return royalty, of which
1.5 per cent can be purchased by International Samuel at $500,000 per 0.5 per cent. This transaction is
subject to TSX Venture Exchange approval.
Dr. Shane Ebert has resigned as a director from company due to other work commitments. The
Company would like to thank Dr. Shane Ebert for his invaluable contribution to International Samuel.
Stock Options
The Company announces that it has granted incent ive stock options to directors, officers, employees,
and consultants to purchase up to an aggregate of 1,122,065 common shares of the Company at an
exercise price of $0.05 per share for a term of five years from the date of the grant. The incentive stock
options were granted in accordance with the Company’s Stock Option Plan.
The technical information in this press release has been reviewed and approved by Derrick Strickland
P. Geo. the Vice President of Exploration.
ON BEHALF OF THE BOARD OF DIRECTORS
“Conrad Swanson”
Conrad Swanson
Chairman
For further information, please contact:
International Samuel Exploration Corp.
Telephone: 604-317-3090
Email: [email protected],
www.internationalsamuelexploration.com
888-700 West Georgia Street, Vancouver, British Columbia V7Y 1G5
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 release.
Forward-looking Information
Certain statements in this news release constitute “forward-looking” statements. These statements relate to future
events or the Company’s future performance as described in the above news release. All such statements involve
substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary
from those expressed or implied by such forward -looking statements. Forward -looking statement s involve
significant risks and uncertainties, they should not be read as guarantees of future performance or results, and
they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results
could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking
statements contained in this news release are based upon what management of the Company believes are
reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results
will be consistent with these forward-looking statements. The forward-looking statements contained in this press
release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise
any forward -looking statements whether as a result of new information, future events or otherwise, except as
required under applicable securities regulations.