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Hanstone Gold Corp. Grants Option on Snip North Project to Goldrea Resources
Vancouver, BC — October 3, 2025 — Leads & Copy — Hanstone Gold Corp. (TSX.V:HANS) (FRA:HGO) has granted Goldrea Resources Corp. an option to earn a 70% undivided interest in Hanstone’s 3,443 hectare Snip North Project.
According to the Option Agreement dated September 29, 2025, Goldrea must incur an aggregate of $1,250,000 in exploration expenditures on the Property: $100,000 on or before September 30, 2026; an additional $100,000 on or before September 30, 2027; an additional $100,000 on or before September 30, 2028; and an additional $950,000 on or before September 30, 2029. Goldrea has agreed to transfer $100,000 in eligible assessment credits to extend the expiry date of the Property to June 30, 2026.
Andre Douchane, Executive Chairman of Hanstone, stated the company is excited to have Goldrea concentrate on the advancement of the Snip North Project, while their team focuses on continued development of the wholly-owned Doc Property claims.
On the date on which the Optionee has earned a 70% interest in and to the Property, the parties will be deemed to have entered into a 70/30 joint venture for the purposes of exploring and exploiting the Property for profit and will promptly negotiate and execute a formal joint venture agreement.
Andre Douchane, Chairman +1 (520) 850-7529, adouchane@gmail.com
Source: Hanstone Gold Corp