REC acquires 32 units next to Borden Lake property

2011-01-13 16:07 ET - News Release

Mr. Kabir Ahmed reports

REC MINERALS ACQUIRES ADDITIONAL CLAIMS TO ITS BORDEN LAKE SOUTH PROPERTY NEAR CHAPLEAU, ONTARIO

REC Minerals Corp. has staked an additional 32 units contiguous to its 100-per-cent-owned Borden Lake South property, which is now composed of a total of 11,520 acres. The Borden Lake South property is located 10 kilometres east of the town of Chapleau in Northeastern Ontario and two kilometres south of the Probe Mines Ltd. Borden Lake gold discovery.

REC has also staked an additional 16 units contiguous to its Esten property. The Esten property is located 10 km south of the town of Elliot Lake in Northeastern Ontario. The company has an option to acquire up to a 100-per-cent interest in the Esten property. Together with the additional 16 contiguous units staked by the company, the Esten property is now composed of a total of 1,680 acres.