King’s Bay Substantially Increases Lynx Lake Cu-Co Land Package in Labrador
Suite 1450 – 789 West Pender Street, Vancouver, BC, V6C 1H2 | Tel: 604.681.1568 | Fax: 604.681.8240
King’s Bay Substantially Increases Lynx Lake Cu-Co Land Package in
Labrador
Vancouver, January 17th, 2017 – King’s Bay Gold Corporation (TSX.V: KBG), (FSE: KGB1) ,
operating as “King’s Bay”, a mining exploration and development company based in Vancouver, is
pleased to announce that, as a result of preliminary data compilation, the company has decided to
increase the Lynx Lake Copper/Cobalt property in Labrador area from its original size of 20 square
kilometers to approximately 240 square kilometers.
King’s Bay believes that , in order to adequately cover the geological structures and geophysical
signatures of interest, the property must be extended to the south west.
The upcoming airborne electromagnetic survey will be strategically placed within the new land area
in order to explain some of the surface electromagnetic anomalies that have been discovered during
surficial reconnaissance.
Kevin Bottomley states “The increase in our land holdings by over 1 0 times shows a strong
commitment to better understanding what type of mineralized system we may be dealing with in a
more regional sense”.
King’s Bay has filed a NI 43-101 technical report on the Lynx Lake Copper/Cobalt property on
SEDAR. To download the full report, please click the link below.
http://bit.ly/2isYoiD
The Lynx Lake Project has returned historical grab samples assaying up to 1.39% Cu, 0.94% Co,
0.21% Ni and 6.5g/t Ag . Government regional low resolution residual magnetic surveys and
preliminary handheld electromagnetic surveys done by local prospectors have shown strong
conductors beneath the overburden, and provide incentive to explore the area further for additional
subsurface mineralization. The Project is located directly adjacent to a 3 phase powerline and the
Trans-Labrador Highway.
NI 43‐101 Disclosure
Edward Lyons, P. Geo. supervised the preparation of the technical information in this news release
and is a qualified person as defined by National Instrument 43‐101.
On Behalf of the Board,
Suite 1450 – 789 West Pender Street, Vancouver, BC, V6C 1H2 | Tel: 604.681.1568 | Fax: 604.681.8240
Kevin Bottomley
CEO, President
Forward-Looking Statements
This news release contains forward -looking information which is subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to differ from those
projected in the forward -looking statements. These forward -looking statements are subject to a
variety of risks and uncertainties and other factors that could cause actual events or results to differ
materially from those projected in the forward -looking information. Risks that could change or
prevent these statements from coming to fruition include that the Company may not raise sufficient
funds to carry out our plans, changing costs for mining and processing; increased capital costs; the
timing and content of upcoming work programs; geological interpretations based o n current data
that may change with more detailed information; potential process methods and mineral recoveries
assumption based on limited test work and by comparison to what are considered analogous
deposits that with further test work may not be compara ble; the availability of labour, equipment
and markets for the products produced; and despite the current expected viability of the project, that
the minerals on our property cannot be economically mined, or that the required permits to build
and operate t he envisaged mine cannot be obtained. The forwardlooking information contained
herein is given as of the date hereof and the Company assumes no responsibility to update or revise
such information to reflect new events or circumstances, except as required by law