Siga Resources Inc.

Siga Resources Inc.

September 27, 2013 21:24 ET

Siga Resources Provides Update on Lucky 13 Placer Project

CARSON CITY, NEVADA--(Marketwired - Sept. 27, 2013) - Bob Hogarth, President of Siga Resources Inc. (PINKSHEETS:SGAE) is pleased to announce that the company has sucessfully negotiated an extension on the Lucky 13 Gold and Gravel project, located 3km north of Hope British Columbia. The term of the extension is for the remainder of the current year, 2013, and is for the amount of $25,000 payable to Mr. Peter Osha, owner of the placer rights for the Lucky 13 Property. Mr. Osha has stated that he "will continue to work with Siga Resources Inc. towards the development and eventual production from this project." Work has continued on this project over the last 1 1/2 years under Mr. Osha and he will be updating Siga on the results from the various work programs completed in this time period at the project.

About Siga Resources

Siga Resources Inc., founded in 2007, is incorporated in Nevada. Siga is a mineral resource exploration and development company. Siga's strategy targets properties that have the potential for near term production and early positive cash flow. Siga's primary geographical interest is North and South America.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, including the Company's beliefs about its business prospects and future results of operations. Some factors that could cause actual results to differ materially include economic and operational risks, changes in anticipated earnings, continuation of current contracts, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including its most recent Forms 10-K and 10-Q. The Company forecasts provided above are dynamic and therefore refer only to this release date. The Company does not undertake to update any forecasts that it may make available to the investing public.

Contact Information

  • Siga Resources Inc.
    Bob Hogarth
    (281) 256-5417