Daulton Capital Corp. (DUCP.OB) to Capitalize on Favorable Location Near Proven Gold Reserves as Precious Metal Prices Hit Record Highs
Daulton Capital Corp. today provided data on its gold property showing it's close proximity to an area with over 1.5 million indicated ounces of gold. Well positioned in the well recognized, and prolific, Tintina Gold Belt, Daulton Capital's Balarat Project straddles Balarat Creek, one of the most productive creeks in the Yukon. The Balarat Project is in close proximity to both the Underworld and Kaminak discoveries, which are now owned by Kinross Gold Corp. (NYSE: KGC) after a takeover valued at about $140 million. According to recent reports, Kaminak has discovered two more new, at surface, gold zones with drilling…