Converge Global Inc. Completes Acquisition of Benson Lake Gold Propertyadmin
May 13, 2009 Filed Under: Mining Investment, Precious Metal
Converge Global Inc. a junior mining company whose business strategy is to acquire existing gold mines as well as to explore new gold properties across the globe with a current focus on Northern Canada and South America have completed a major acquisition of the Benson Lake Gold property.
The Benson Lake Gold property is situated at Skead Township 12 miles South-East of Kirkland Lake, Ontario, Canada. The Kirkland Lake mining area remains the number one mining area in Ontario. The property consists of one hundred contiguous claim units. A seven-hole diamond drill program was completed by Ryan Lake Metals Ltd. on the Skead Township property during 1994. The highest drill hole at the site yielded high grade gold assays as high as 1.69 oz/ton/1.5 ft.
President & CEO, Bryan Gonzales, commented, “It is our belief that the Benson Lake property has significant potential, it also adds value to our growing portfolio. We were highly motivated to complete the acquisition after doing our comprehensive due diligence and reviewing prior drilling results.”
We plan to update our loyal shareholders with additional information on the Benson Lake property in the near future.