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Canyon Copper closes sale of Moonlight property to Crown Mining

Canyon Copper Corp. said March 13 that it completed the sale of its Moonlight copper property in California to Crown Mining Corp., as contemplated in an option agreement the companies signed in February 2016.

In exchange for the property, Crown Mining paid C$375,000 and issued 2,750,000 shares to Canyon Copper.

Meanwhile, Canyon Copper is carrying out a four-hole diamond drill program at its Bootleg gold project in Saskatchewan to test two high-priority gold targets: the past-producing Newcor and Rio gold mines.