Vancouver-Lateegra Gold Corp. said April 21 that it has acquired a 100 percent interest in “Fernie” claims, consisting of 117 claims encompassing 56,000 hectares in the Fernie Formation Phosphate Belt, located near Fernie, B.C. The Fernie claims encompass two potential deposit areas known as the Line Creek and Barnes Lake areas. Lateegra notes that these reports are historic and do not comply with modern reporting standards. Lateegra says the property is underlain by the Fernie Formation Phosphate Belt, characterized in numerous bulletins published by the B.C. Ministry of Mines and Petroleum. The company intends to commence a work program as soon as possible in order to verify sample data and prepare for a winter/spring drill program, and to complete a NI 43-101 compliant report. For more details, see www.lateegra.com.
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