MESA, Ariz., Oct. 1, 2010 (GLOBE NEWSWIRE) -- B2 Digital, Inc. (Pink Sheets:BTDG) announced today that a copy of the NI 43-101 Technical Report was received from Firma Gold Inc. for its Courville property. The Company has filed the report 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.
The NI 43-101 report covers the Firma Gold property located in the Courville Township, Abitibi Quebec, Canada to which B2 Digital has acquired a control position pursuant to their Joint Venture Agreement.
On September 11, 2010, B2 Digital, Inc. entered into a joint venture agreement with Firma Gold with respect to their properties located in the rich Malartic region of Quebec Canada. Firma Gold's estimated reserves of 1.5 million ounces could have an estimated worth of $1,875 billion based upon the current price of gold. B2 Digital, Inc. will receive 90% of the net profit after deduction of capital or operating costs incurred in their role as JV partner. Firma Gold will receive 10 percent of the net profit under terms of the Joint Venture Agreement.
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 other 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.