C2C Gold Corporation Inc.
TSX VENTURE : CCN

C2C Gold Corporation Inc.

March 23, 2005 10:19 ET

C2C inc.: Acquisition of a Property in the Area of Val-d'Or, Abitibi


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: C2C INC.

TSX VENTURE SYMBOL: CCN

MARCH 23, 2005 - 10:19 ET

C2C inc.: Acquisition of a Property in the Area of
Val-d'Or, Abitibi

MONTREAL, QUEBEC--(CCNMatthews - March 23, 2005) - C2C inc. (TSX
VENTURE:CCN) is pleased to announce that it has entered into an
agreement with Gestion Financiere Laurex inc. ("Laurex") on February 15,
2005 to acquire a group of 54 ground staked claims and 28 map designated
claims located at approximately 35 km east of Val-d'Or, in the Vauquelin
and Tiblemont townships in Abitibi. The staked claims, which are
contiguous to the Bruell property, have been registered with the MRNFPQ
and are waiting for approval. This new acquisition will allow C2C to
protect the extensions of the east-west oriented structural trends
locally associated with the recognized mineralized zones on the Bruell
property (inferred resources of 165,000 tons grading 4.78 g/t Au,
historically recognized (ref : MRNQ-SIGEOM)).

As consideration for the acquisition of the claims, the Company will
issue 500,000 common shares from its common stock and will pay $10,000
in cash to Laurex.

This transaction is subject to the approval of regulatory authorities.

Exploration activities are ongoing on the PENEDONO property in Portugal.
Drilling started at the end of January 2005 and aims at verifying the
extensions of veins #4, #5 and #6 of the Santo Antonio zone. Drill core
samples from the first two drill holes were sent to the assay laboratory
of Ovietto in the north of Spain. Preliminary results are expected
shortly and will be reported in a future press release.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    C2C inc.
    Alain Paquet
    President
    (514) 336-9211
    or
    C2C inc.
    Marc-Andre Larouche
    Financial Vice-president
    (819) 824-2072
    info@c2c-exploration.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this press release.