Dec 27 (Reuters) - Kalamazoo Resources Ltd KZR.AX :
* EXECUTED MINING PROPERTY SALE & PURCHASE AGREEMENT FOR $7 MILLION SALE OF SNAKE WELL GOLD PROJECT IN WESTERN AUSTRALIA
* SALE PROCEEDS WILL FUND KALAMAZOO'S EXPLORATION & DRILLING PROGRAM AT WATTLE GULLY GOLD PROJECT & PILBARA GOLD TENEMENTS IN WA