MESA, Ariz., Oct. 5, 2010 (GLOBE NEWSWIRE) -- B2 Digital, Inc. (Pink Sheets:BTDG) announced today that it has received clarification from its Joint Venture Partner, Firma Gold Inc. regarding the claims that form part of the JV Agreement with respect to the NI 43-101 Technical Report for Firma Gold's Courville property.
The NI 43-101 Technical Report includes various claims within the Courville Township property, some of which are not currently owned by Firma Gold including those claims owned by Pershimco Resources. However Firma Gold does retain ownership of four of the largest claims that form part of the NI 43-101 Technical Report and are currently in negotiations to acquire a further 38 claims in the Courville Township area to be added to the JV Agreement, but these claims are not part of the NI 43-101 Technical Report that has been filed.
The NI 43-101 report covers certain claims on property located in the Courville Township, Abitibi Quebec, Canada and the report has been filed at PinkSheets.com under "Financials - OTC Disclosure Supplemental Information September 30, 2010". A link to the relevant section is http://www.otcmarkets.com/stock/BTDG/financials.
About B2 Digital, Inc.
B2 Digital is dedicated to seeking acquisitions and joint ventures within the resource sector and in particular mining properties that contain gold and silver reserves. Management of its subsidiary has many years of experience in the exploration and operations of mining assets. B2 Digital is currently in the process of divesting itself of some of its technology assets. More information on B2 Digital can be found at: http://www.b2digital.us.
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risk and uncertainties, including but not limited to those detailed from time to time in the Company's filings with PinkSheets.com. Mining projects are subject to numerous risk factors including changing regulations, volatile commodity prices, and others factors that may preclude production should commercially viable reserves be established on a property and exploration plans dependent on funding and approval of any required permits.