VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/25/12 -- Nevada Exploration Inc. (TSX VENTURE: NGE) ("NGE") is pleased to announce the appointment of Mr. Antonio Ponte to the board of directors effective today.
Mr. Ponte is a Zurich based financial consultant with 40 years of experience in asset management, private banking, corporate finance, and venture capital. Mr. Ponte is currently the Founder and Chairman of [...]
Nevada Exploration is pleased to announce that McEwen Mining has elected to designate a new gold project in Grass Valley, Nevada, as a Designated Property according to the generative Exploration Agreement previously announced on February 27, 2012. The Grass Valley Project consists of approximately 59 square kilometres (23 sq mi) of unpatented mining claims and is located along the western side of Grass Valley in central [...]
Nevada Exploration is pleased to announce that NGE and Spruce Ridge Resources have completed and executed the definitive Exploration and Option to Enter Joint Venture Agreementon NGE's Fletcher Junction Gold Project, in Mineral County, Nevada.
Nevada Explorationis pleased to announce that it has entered into a Letter of Intent with Spruce Ridge Resources whereby Spruce Ridge may earn a joint venture interest in NGE's Fletcher Junction Gold Project, in Mineral County. Under the terms of the LOI, Spruce Ridge will have the option to earn a 70% interest in the Property by funding $2,600,000 in qualifying expenditures and making $300,000 in payments over 4 years [...]
Nevada Exploration and Baymount Incorporated have terminated the proposed transaction on NGE's Fletcher Junction Gold Project, located in the Walker Lane in western Nevada, as contemplated by a Letter of Intent announced on December 16. The proposed transaction would have constituted a "Change of Business" for BYM as defined under the rules and policies of the TSX Venture Exchange. BYM has decided to not pursue a Change [...]
Nevada Exploration is pleased to announce that it has closed, subject to TSX Venture Exchange final approval, a non-brokered private placement issuing 9,100,000 Units at a price of $0.10, for gross proceeds of $910,000. Each Unit consists of one common share and one-half of one non-transferable common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at an exercise price of $0.14 [...]
Nevada Exploration announces the signing of a two-year Exploration Agreement with McEwen Mining to generate new gold projects in a 25,000 hectare (95 sq mi) study area in north central Nevada using NGE's proprietary hydrogeochemistry exploration technology. Under the Agreement, MMI has engaged NGE to complete a hydrogeochemistry sampling program across the large AOI to indentify and delineate discrete new target areas in [...]
Nevada Exploration reports that AuRico Gold has received the final drill results from AuRico's 2011 drilling program and that AuRico has elected to terminate the Exploration and Option to Enter Joint Venture Agreement for the Awakening Gold Project. As a result, AuRico retains no interest in the project. AuRico's 2011 drilling program at Awakening included seven core holes averaging 310 metres deep (1,020 feet) and [...]
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