| | Linux Gold Corp formerly LinuxWizardry Systems Inc., owns a 50% joint venture interest in 30 mining claims known as the Fish Creek Prospect, and subsequently completed a joint venture with Teryl Resources Corp. located in the Fairbanks Mining Division in Alaska. The Kinross Fort Knox mill is within 6 miles from the Fish Creek claims. Fort Knox has been producing over 400,000 ounces of gold per year at a cash cost of US$207 per ounce.
The Fish Creek Property is an excellent gold prospect and the company is currently reviewing additional opportunities near the Kinross Gold properties and other known gold areas in South America. Linux's goal is to seek excellent gold prospects that have a potential for a large producing mine.
Linux management team excels in negotiation and closure of corporate funding and property acquisitions. We look forward to building a successful gold company and therefore leveraging our shareholders to the price of gold. | | | LNXGF | | Natural Resources | | Last: | 0.080 | | Change: | -0.007 | | Volume: | 471,185 | | Day High: | 0.087 | | Day Low: | 0.080 | | |
