("Hanstone") whereby Goldrea can acquire 70% of Hanstone's Snip North property (the "Property") in northwestern British Columbia, in an area known as the "Golden Triangle". The south border of the Property adjoins boundary of Seabridge Gold's Iskut property which includes the recently discovered Snip North porphyry prospect and the Bronson Slope porphyry deposit and also surrounds the former Snip Gold Mine. Upon earning its 70% interest, Goldrea will automatically enter into a joint venture with Hanstone with respect to the Property, with Goldrea being the initial operator of the joint venture. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements.