| Nevada Sunrise announces amended letter of intent with Emgold Mining for Golden Arrow Project, Nevada | |
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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. View original content with multimedia: http://www.newswire.ca/en/releases/archive/January2018/04/c6099.html |
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Emgold Mining Corp
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PRODUCER |
CODE : EMR.V |
ISIN : CA2909283087 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Emgold Mining is a gold development stage company based in Canada. Emgold Mining holds various exploration projects in Canada. Its main assets in production are IDAHO-MARYLAND in USA and ROZAN in Canada and its main exploration properties are JAZZ, STEWART and BUCKSKIN RAWHIDE in Canada. Emgold Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 5.6 millions as of today (US$ 4.1 millions, € 3.8 millions). Its stock quote reached its highest recent level on May 12, 2006 at CA$ 9.90, and its lowest recent point on January 01, 2016 at CA$ 0.01. Emgold Mining has 79 710 000 shares outstanding. |