Partners Gowest Amalgamated Resources (ASE) and Western Premium Resources (VSE) have signed an agreement whereby each may earn a 35% interest in three gold properties in north-central Nevada.
The partners must spend a total of US$330,000 on exploration and each must issue 30,000 shares over three years.
Previous results showed widespread, low-grade gold values, and the partners plan drilling and trenching as a follow-up.
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