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Goldbank to Receive Shares for Buck Lake Property Payment

Blog by Goldbank Mining Corporation | May 31st, 2016

Goldbank Mining Corporation (“Goldbank”)(TSX.V-GLB) is pleased to announce it has accepted 1,500,000 common shares of Empire Rock Minerals Inc. (“Empire”) for the $250,000 payment due June 1, 2016 in connection with Empire’s acquisition of Goldbank’s interest in the Buck Lake Platinum Palladium Nickel Project. “We are very pleased to receive 1,500,000 shares instead of the $250,000 cash payment.  Empire is pushing ahead with its exciting Fox Creek lithium projects in Alberta as well as the Buck Lake Platinum, Palladium, Nickel Project near the Lac des Iles mine, Thunder Bay, Ontario.  Goldbank is very happy to be a shareholder of Empire.” stated James Boyce, President of Goldbank. The issuance of the shares to Goldbank is subject to acceptance for filing by the TSX Venture Exchange. 

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com


PER: “James Boyce” Suite 702 – 889 West Pender Street
Vancouver, BC CANADA V6C 3B2
JAMES BOYCE Telephone: 604.683.3288
President & CEO Toll Free: 1.888.880.2288
Email: jb@goldbankmining.com


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. investors 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.