South Atlantic Gold Inc

XTSX:SAO

South Atlantic Gold, Inc. engages in the acquisition, exploration, and development of mineral resource properties. The company is headquartered in Kelowna, British Columbia. The company went IPO on 2007-04-23. The firm is engaged in acquiring and advancing mineral properties located in the Americas. Its projects include Pedra Branca and Big Kidd. The Pedra Branca project is 100% owned by the Company’s 100%. The project is located approximately 280 kilometers (kms) southwest of Fortaleza, Ceara State and Brazil. The firm has 25 active mineral exploration licenses covering approximately 40,000 hectares. The infrastructure in and around Project area, including electrical power, paved roads, work force and mine facilities/supplies. The Big Kidd Property is located in the Nicola Mining Division of British Columbia immediately northeast of Aspen Grove, approximately 25 kms southeast of the City of Merritt and 250 kms northeast of the City of Vancouver. The Big Kidd property comprises of four mineral tenures totaling approximately 4,056 hectares. The property is Located within the Central Volcanic Facies of the Nicola Group.