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ZENDA CAPITAL CORP. ANNOUNCES ADDITIONAL PROPERTY ACQUISITION IN THE KIRKLAND LAKE GOLD CAMP
12:27 EST Friday, December 12, 2003
FSC / Press Release
ZENDA CAPITAL CORP. ANNOUNCES ADDITIONAL PROPERTY ACQUISITION IN THE KIRKLAND LAKE GOLD CAMP
Toronto, Ontario CANADA, December 12, 2003 /FSC/ - Zenda Capital Corp. (YZN - TSX Venture), ("Zenda") wishes to announce an option to acquire two unpatented mining claims in the Kirkland Lake Mining Camp in northeastern Ontario. The claims are located in Teck Township and cover approximately 90 ha in one block (the "Property"). The Property is contiguous with and lies to the east and northeast of a portion of the historical Federal Kirkland property recently acquired by Zenda. The original acquisition was previously announced in a press release on October 28 of this year. An exploration shaft to a depth of 231 m (740') and underground development on four levels exist on the Federal Kirkland ground.
Zenda can earn a 100% interest in the Property by making cash payments totalling $12,000 over three years, issuing 25,000 shares and maintaining the claims in good standing. The Property will be subject to a 11/2% net smelter return royalty. The arm's-length agreement to option the Property is being transacted between Zenda and Mr. T. O'Connor.
For further information, please contact Mr. Paul Ankcorn, a director and President of Zenda, at 416-360-4137, or visit the Zenda website at www.zendagold.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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Zenda Capital Corp.
55 Adelaide St. East, Suite 410, Toronto, ON, Canada M5C 1K6
Tel: 416-360-4137 Fax: 416-360-8139 E-mail: info@zendagold.com
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