Cangold is pleased to announce that it has, on April 25 2011, signed a letter of intent with Brigus Gold to enter into an option agreement whereby Cangold can acquire a 75% interest in Brigus' wholly-owned Mexican subsidiary, Linear Gold Mexico, S.A. de C.V., which, in turn, holds a 100% interest in the Ixhuatan advanced stage gold project in Chiapas, Mexico. Cangold intends to acquire the interest through its own
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