The 2,200 hectare property comprises 39 staked claims and is contiguous to the Puffy Lake Property, part of the Maverick gold project.
As per the terms of the acquisition deal, Auriga Gold has issued to Claude 3,428,571 common shares of Auriga at an issue price of $0.35 per share.
The issued shares are subject to a hold period of four months from 14 November 2011.
Prior to this acquisition, Auriga Gold held a 54% interest in the Nokomis property.
