EXPLORATION & DEVELOPMENT

Uncle Sam for Midas

PERTH-based Midas Resources has entered into agreement to earn a 75% stake in Canadian based Geoinformatics Explorations Uncle Sam gold project in Alaska through the expenditure of $US3 million over three years.

Ben Sharples
Uncle Sam for Midas

Midas can earn a 51% stake in the project through the expenditure of $US1 million, with a minimum commitment of $US250,000 in the first year, along with 1000m of diamond drilling to test gold targets....

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