Vancouver, BC, July 6, 2011: Goldbank Mining Corporation (TSX.V-GLB) is pleased to announce it has exercised its option and acquired 100% of the “Hasenfuss” or “Rabbit Foot” quartz mineral claims at the headwaters of Hunker Creek bordering Goldbank’s Leota Gold Project in the historic Klondike Gold Fields. The highly prospective Leota Gold Project overlies the principle eastern ridges and tributaries of Hunker Creek. Click here for a pdf version of the News Release.
Hunker Creek is a prolific placer-gold producing watershed with documented gold production in excess of 4 million ounces. The Leota Property is the largest contiguous quartz claim group in the historic Klondike Goldfields. The Hasenfuss claims are subject to a net smelter royalty of 2%.
Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon, Canada and for platinum, palladium, copper and nickel at the Buck Lake Property in Northwestern Ontario.
This news release has been reviewed and approved for technical content by Dr. Bohumil (Boris) Molak, a consulting geologist and qualified person.
For further information please contact Goldbank’s president, Anthony J. Beruschi B.Sc. LLB.
GOLDBANK MINING CORPORATION
|Anthony J. Beruschi
President & CEO
|Suite 605 - 889 West Pender Street
Vancouver, BC CANADA V6C 3B2
Toll Free: 1.888.880.2288
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. nvestors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.