Eureka Resources, Inc.

Published : January 04th, 2018

Nevada Sunrise announces amended letter of intent with Emgold Mining for Golden Arrow Project, Nevada

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Keywords :   Cash | Exploration | Gold | Interest | Mining | Silver |

Nevada Sunrise announces amended letter of intent with Emgold Mining for Golden Arrow Project, Nevada

TSXV: NEV

VANCOUVER , Jan. 4, 2018 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (NEV.V) is pleased to announce that it has executed an amended non-binding letter of intent dated December 27, 2017 (the "Amended LOI") with Emgold Mining Corporation (TSXV: EMR, "Emgold"). The Amended LOI replaces a prior non-binding letter of intent dated July 17, 2017 with Emgold (the "Original LOI") and provides for the acquisition by Emgold of an immediate 51% interest in the Golden Arrow gold-silver property in Nevada (the "Golden Arrow", or the "Property") with a first option to acquire an additional 29% interest, followed by a second option to acquire the final 20% interest in Golden Arrow by making the exploration expenditures and cash payments as outlined below. 

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Eureka Resources, Inc.

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CODE : EUK.V
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Eureka Res. is a gold exploration company based in Canada.

Eureka Res. holds various exploration projects in Canada.

Its main asset in development is FRASERGOLD in Canada and its main exploration properties are LOTTIE LAKE and FRASER GOLD in Canada.

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