Monday, January 30, 2012

SRC Announces New Acquisition: Executes LOI to Acquire Billali Gold and Silver Mine

CAMERON PARK, Calif., Jan. 30, 2012 /PRNewswire/ -- Steele Resources Corporation (the "Company," "SRC") (OTCBB: SELR) announced today that it has executed a Letter of Intent to purchase the privately owned Billali Gold and Silver Mine, a near term production gold and silver mine located in the Steeple Rock district in New Mexico.  The district has several historic mines in the area, and from 1880 to 1991 an estimated 151,000 ounces of gold, 1,200,000 pounds of copper, 5,000,000 pound...continued
 

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