International Samuel Exploration Corp. Acquires District-Scale Golden-Triangle Property; Contiguous 35km+ Claim Border with Antofagasta’s US$31M Earn-In at Adjacent Ball Creek Project
1104 Premier Street, North Vancouver, BC V7J 2H3
International Samuel Exploration Corp. Acquires District-Scale
Golden-Triangle Property; Contiguous 35km+ Claim Border with
Antofagasta’s US$31M Earn-In at Adjacent Ball Creek Project
September 14 , 2017: Vancouver, BC Canada - International Samuel Exploration Corp. (TSX -V:
ISS) (FSE: RCF1) (USA: ISSFF) (the “Company”) is very pleased to announce that it has acquired the
Mickey Davis Gold & Copper Property (the “Mickey Davis Project”), a district-scale exploration project
located in British Columbia’s Golden Triangle.
Highlights:
● Positions International Samuel Exploration Corp. as a leading Golden Triangle exploration junior.
● Transaction delivers a transformational four-fold increase in the Company’ s Golden Triangle land
position, from 4,558 ha to 24,089 ha.
● Project shares more than 3 5km of contiguous claim boundaries with the Ball Project, in which global
mining company Antofagasta has signed a US$31M earn-in option through Evrim Resources Corp.
● Significant exploration potential in a Volcanics setting.
● Gold, silver and copper mineralization previously identified on Project.
● Project is contiguous to Company’s recently announced Lucifer Gold Project and less than 750m from
the Hart Gold Project being advanced by Golden Ridge Resources Ltd.
● Over the past decade, more gold has been found in the Golden Triangle than any other mining camp
worldwide.
“Having been part of Richfield Ventures ’ Blackwater discovery which was acquired by New Gold in
2011 for $550 million, we are once again tremendously excited by the early prospects of another
emerging exploration camp within British C olumbia. The Mickey Davis Project positions International
Samuel Exploration Corp. as an upcoming exploration leader in the world-class Golden Triangle district.
Combined with our recent acquisition of the Lucifer Gold Project, we believe that the Company is well
positioned among the contenders for the next large gold discovery in the region,” stated Conrad Swanson,
Chairman of the Company.
About the Mickey Davis Project
The Mickey Davis Project consists of 22 mineral claims structured into two tenure blocks . The d istrict-
scale project comprises a total of 19,531.05 ha (approximately 48,242 acres).
Along with immediate and contiguous proximity to a number of mineral showings being explored by
neighbouring companies, g old, silver and copper mineralization has also been historically identified on
the Project in the early 1990’s (Stow Resources Ltd., MINFILE No. 104G 200).
In addition to an extensive claim border with the Ball Project being advanced by Antofagasta and Evrim
Resources Ltd. under a US$31M earn -in, the Mi ckey Davis Project is also contiguous with the
Company’s newly acquired Lucifer Gold Project (see Company news release dated August 22, 2017 ).
The Mickey Davis Project also has close proximity to a number of other exploration projects, including
that of Go lden Ridge Resources Ltd. and their earn -in on Barrick Gold’s Hank Project (see 88 Capital
news release, 88 Capital and Golden Ridge Announce Closing of $5.24 Million Brokered Financing dated
August 31, 2017).
The target environment at the Mickey Davis Pro ject is a volcanic s setting (Stuhini Group and Hazelton
Group Volcanics) known to host mineralization elsewhere in the immediate area, as well as prospective
contact points with the Jurassic Unconformity.
Immediate Exploration Plans
As previously noted, t he Mickey Davis Project is located less than 750 meters from the Hank Gold
Project, which is currently being drilled by Golden Ridge Resources Ltd. under an option from Barrick
Gold. Consequently, the Company has been in discussions with service companies presently working on
the Hank Gold Project for Golden Ridge Resources Ltd. with an objective to commence field and
geophysical exploration on the Mickey Davis and Lucifer Gold Projects this fall.
The Company further intends to commence drilling within its significant land position in the Golden
Triangle in 2018.
Terms of the Transaction
The Company is acquiring 100% of the Mickey Davis Project from arm’s length parties in exchange for a
cash payment of $100,000, the issuance of 12,000,00 0 common shares an d the grant ing of a 2% net
smelter return.
Qualified Person
Technical disclosure in this news release has been reviewed and approved by Derrick Strickland , a
Qualified Person as defined by National Instrument 43-101.
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
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 and include references to the proposed debt settlement, as described in the above news release. All such statemen ts 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 statements involve significant risks and uncerta inties, 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 nu mber 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 obligati on 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.