Golden Pursuit Extends Lease Payment Date on Black Point Property
NEWS RELEASE
GOLDEN PURSUIT RESOURCES LTD.
GDP – TSX-V
October 8, 2020
www.goldpursuit.ca
Golden Pursuit Extends Lease Payment Date on Black Point Property
Vancouver, B.C. October 8, 2020 – Golden Pursuit Resources Ltd. (TSX-V: GDP) (“Golden Pursuit”) and
Stevens Gold Nevada Inc. (CSE:SG) (“Stevens Gold”) are pleased to announce that its Option Agreement
on its Black Point Property has been amended to extend the date of Stevens Gold next Lease Payment
from October 10, 2020 to December 9, 2020. The next lease payment is US$25,000. Stevens Gold has
paid the Golden Pursuit, US$5,000 for the extension.
The Black Point Property consists of 80 lode mining claims covering approximately 1,600 acres and is
located in Eureka County, Nevada, 11 miles northeast of Eureka and 18 miles west of the Bald Mountain-
Alligator Ridge-Yankee mining district.
Pursuant to its Option Agreement with Golden Pursuit, Stevens Gold has the right to purchase a 60%
interest in the Black Point Property by making a payment of US$500,000 (the “Purchase Price”) at any
time during the term of the Option Agreement. Until the payment of the Purchase Price, Stevens Gold has
agreed to make annual lease payments to Golden Pursuit.
Stevens Gold has completed a drilling program on the Black Point Property and intends to examine assay
and ICP-OES results and deliberate prior to determining its next move in relation to further exploration.
About Golden Pursuit Resources Ltd.
Golden Pursuit Resources Ltd. is a mineral exploration company. Its primary business objective is to
explore and develop a portfolio of owned properties located in the State of Nevada and mineral leases in
the NWT. The management team at Golden Pursuit has extensive experience in the acquisition and
development of mineral related opportunities in North America and globally and continues its search for
additional opportunities.
ON BEHALF OF GOLDEN PURSUIT RESOURCES LTD.
(sgd.) Brian McClay
President
T: 604-730-6982
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning
the business of Golden Pursuit Resources Ltd.. Forward-looking information is based on certain key expectations and
assumptions made by the management of Golden Pursuit. In some cases, you can identify forward-looking statements by the
use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,”
“potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms
or similar expressions. Although Golden Pursuit believes that the expectations and assumptions on which such forward-looking
information is based are reasonable, undue reliance should not be placed on the forward-looking information because Golden
Pursuit can give no assurance that they will prove to be correct.
The TSX-Venture Securities Exchange (TSX-V) has not reviewed and does not accept responsibility for the adequacy or the
accuracy of the contents of this release. -