Business
Nevada Exploration Provides Project Update
VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) provides the following
About this update from Urz3 Energy Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) provides the following update regarding its Kelly Creek property: Kelly Creek JV Partner Austin Gold Notifies Company of Termination of Certain Claims The Company’s Joint Venture Partner Austin Gold Corp. (“Austin”) has informed the Company that it will terminate certain leases and claim holdings within the Kelly Creek project, representing approximately 60% of the original claim holdings. The Company’s wholly-owned subsidiary, Pediment Gold LLC, and Austin are party to an Exploration and Option to Enter Joint Venture Agreement, with amendments, on the Kelly Creek Project, located on the Battle Mountain—Eureka (Cortez) gold trend in Humboldt County, Nevada. The termination of holdings by Austin has no present impact on the Company’s holdings. The Company will determine whether to maintain such holdings before the due date for payment of Bureau of Land Management fees on September 1, 2023. About Nevada Exploration Inc. Led by an international team of explorers, NGE is applying modern technology to systematically explore for the undiscovered second half of Nevada’s gold endowment waiting to be uncovered within Nevada’s valley basins. NGE is advancing a portfolio of gold exploration projects, primarily focused on three district-scale Carlin-type gold projects, including its flagship South Grass Valley project, located near the Cortez Complex of Nevada Gold Mines. For further information, please contact: Nevada Exploration Inc.Email: [email protected]: +1 (604) 601 2006Website: www.nevadaexploration.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement on Forward-Looking Information: This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws, including, without limitation, expectations, beliefs, plans, and objectives regarding projects, potential transactions, and ventures discussed in this release. In connection with the forward-looking information contained in this news release...