The project acquisition and initial mapping and sampling work was completed as part of alliance funded activities through Riverside's strategic alliance with Hochschild Mining.
Mineralisation on the Glor project is widespread with indications of high-grade gold-bearing quartz veins, as evidenced by initial field check sampling and mapping.
Renaissance Gold has announced the execution of an earn-in agreement with Walmer Capital on the Golden Shears Project in Clark County, Nevada.
The project is located 45km south-west of Las Vegas, Nevada in the Goodsprings Mining District.
Upon execution of the agreement, Walmer will pay RenGold $50,000, reimburse claim fees for the past year and fund an exploration and development programme to be conducted initially by RenGold.
Image: Several companies have signed deals this week. Photo: courtesy of Chaiwat.