Original News Release
Guardian Exploration acquires Esker exploration data
Mr. Graydon Kowal reports
GUARDIAN ACQUIRES EXPLORATION DATA FOR ESKER GOLD PROJECT, KIVALLIQ, NUNAVUT
Guardian Exploration Inc. has acquired certain exploration data from New Break Resources Ltd. with respect to the Esker gold project and surrounding areas in Kivalliq, Nunavut.
The Esker gold project includes the Esker gold occurrence, discovered in 1997 by Comaplex Minerals Corp. The acquired data include assessment data, data in respect of drilling and various geographic information system (GIS) data.
In consideration for the acquired data, Guardian made a cash payment of $20,000 to New Break and issued to New Break one million common shares in the share capital of the corporation.
The acquisition of the acquired data is an arm's-length transaction under the policies of the TSX Venture Exchange. Completion of the acquisition was subject to receipt of conditional approval from the exchange. Conditional exchange approval was received. The corporation expects to receive final exchange approval after submission of final materials.
About Guardian Exploration Inc.
Guardian is a TSX Venture Exchange-listed company in the business of oil and gas, as well as mineral exploration and development. Guardian's prospects include the Mount Cameron property, located in Yukon's Mayo mining district, mineral claims located on southern Dall Island, southeastern Alaska, known as the Kaigani claims, and the Sundog and Esker gold projects, located in the Kivalliq region of Nunavut.
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