Cascadero Copper Corporation Announces First Phase of Ontario Property Acquisitions
TSXV: CCD
CASCADERO COPPER CORPORATION ANNOUNCES FIRST PHASE OF ONTARIO PROPERTY ACQUISITIONS
December 9th 2010
Cascadero Copper Corp has acquired by staking a 100% interest in six properties in the Swayze gold belt of Ontario.
| Ontario Property | Township | Claims | Units | ||||
|---|---|---|---|---|---|---|---|
| Jerome South West | Fingal | 11 | 118 | ||||
| Jerome West | Osway/Esther | 12 | 161 | ||||
| Rush Lake | Marion/Mallard/Genoa | 14 | 200 | ||||
| Benton | Benton | 5 | 16 | ||||
| Groves | Champagne/Groves | 6 | 72 | ||||
| Hong Kong | Hong Kong/Edith/Fawn | 12 | 184 | ||||
| Totals | 60 | 751 |
Cascadero is also negotiating option agreements on five other properties totaling 307 units in the Sudbury and Swayze area. Some of the claims adjoin properties staked by the Company.
Cascadero also intends to purchase eight properties in the Timmins and Swayze areas. The option and purchase agreements are subject to regulatory approval.
Cascadero intends to compile all data on each property over the next four months with a view to an initial exploration program in the summer months.
Maps of the properties will be available on the Company website next week.
Bill McWilliam President Cascadero Copper Corp 604-999-0391 [email protected] Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.