Daulton Capital Corp., a Nevada based finance company specializing in natural resource investments, is not alone in its growing confidence that the two major Yukon properties in which it holds 100% option interests will yield significant gold and other mineral wealth. When Rimini Investments released their earlier report on Daulton and the two properties, the company’s share price was just over .13, and yet Rimini concluded an estimated long term target price of $2.06, issuing a Speculative BUY recommendation, incorporating estimated risks and not including some oil interests Daulton owns in other properties.
The optimistic report was based partially on recent major discoveries at nearby properties, and the fact that Daulton’s respected technical team has reported visible gold from both sites.
On February 23, 2010, Daulton Capital Corp. acquired a 100% (subject to net smelter royalties of
1-2%) option interest in a contiguous block of mineral claims, known as the Ballarat Property,
covering approximately 19 square kilometers close to Dawson City in the Yukon Territories, Canada. The site is accessible from two locations having winter road and air service, especially important in harsh weather climates. The Ballarat claims straddle one of the main placer gold producing creeks in the Thistle Area which covers a 98% percentile gold silt anomaly. In addition, the Ballarat is located in the White Gold District where Kinross’s (Underworld Resources) recent drill results have intercepted grades of 103 meters averaging 3.4 g/t Au.
On February 25, 2010, Daulton Capital Corp. acquired a 100% (subject to net smelter royalties of 1 – 2%)
option interest in a contiguous block of mineral claims, known as the Hunker Project, covering 6,000 acres in the prolific Klondike area of the Yukon Territories, Canada. The claim block straddles Hunker Creek, one of the
Klondike’s most notorious gold producing placer creeks, and is accessible by all-weather roads. Extractions in the area include wire crystalline gold and gold nuggets found during casual prospecting. Soil surface sample copper levels were also considered noteworthy.
For additional information, visit the company’s website at www.DaultonCapital.com
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