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MSD Gold Files Legal Proceedings to Clarify Its Ownership of the Kenty Gold Mine Property

May 24 2013 12:00AM

Marketwire

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TORONTO -- (Marketwired) -- 05/24/13 -- MSD GOLD MINING CORPORATION ("MSD GOLD") and Emerald Isle Resources Inc., ("Emerald Isle") have filed an Application for Order of Declaration that MSD Gold and Emerald Isle are the sole owners of the Kenty Gold Mine property. The proceedings, filed against Joshua Gold Resources Inc. (OTCQB: JSHG), are over its alleged acquisition of the same property in October 2012. The Kenty Gold Mine Property consists of approximately 275 square hectares in the Swayze, Dore Township.

MSD Gold released in a statement, "It is unfortunate that Joshua failed to respond to notices shortly after Joshua announced its interest in the Kenty Gold Property in October 2012. That failure to respond has led to the initiated legal proceedings to direct the Registrar for Land Title to remove Joshua's erroneous claim on the land, in which we are confident we will prevail."

A copy of the action can be viewed online at www.msdgold.com

About MSD Gold: MSD Gold Mining is a gold exploration and acquisition company currently focusing on properties in Northern Ontario Canada.

ON BEHALF OF THE BOARD OF DIRECTORS OF MSD GOLD MINING CORPORATION.

Cautionary Note Regarding Forward-Looking Statements Safe Harbor:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.



Source: Marketwire


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