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Everlert, Inc. (OTC: EVLI), Operating as American Gold & Copper Inc., Signs Memorandum of Understanding for Proposed Acquisition of the Rimrock Copper-Gold Project in Nevada
Everlert, Inc. (OTC: EVLI), Operating as American Gold & Copper Inc., Signs Memorandum of Understanding for Proposed Acquisition of the Rimrock Copper-Gold
About this update from Everlert, Inc.
SOUTHLAKE, Texas, June 26, 2026 (GLOBE NEWSWIRE) -- Everlert, Inc. (OTC: EVLI) (“Everlert” or the “Company”), operating under the recently adopted legal name American Gold & Copper Inc., announced that it has executed a Memorandum of Understanding (“MOU”) with Rimrock Exploration Partners, LLC (“Rimrock”) providing the framework under which American Gold & Copper would acquire a 100% interest in the Rimrock Copper-Gold Project located in Lander County, Nevada. The MOU establishes the principal terms under which the parties intend to negotiate a Definitive Acquisition Agreement over the next ninety (90) days, subject to customary technical, legal, environmental, financial, and title due diligence. The proposed acquisition represents an important step in American Gold & Copper’s strategy of assembling a portfolio of U.S.-based precious and base metals exploration assets.A District-Scale Copper-Gold Opportunity According to information provided by Rimrock and historical technical materials made available to the Company, the Rimrock Project consists of approximately 77 unpatented federal mining claims covering approximately 1,540 acres (623 hectares) in Nevada’s Battle Mountain Mining District, one of North America’s most productive mineral belts. Historical exploration completed over many years has identified a 17-kilometer corridor of hydrothermal alteration, copper-gold geochemistry, geophysical anomalies, and multiple drill-ready exploration targets interpreted to represent both epithermal copper-gold mineralization and a potentially larger porphyry copper-gold system at depth. “The execution of this Memorandum of Understanding represents an important milestone in our evaluation of the Rimrock Project,” said Brent Nelson, Executive Chairman of American Gold & Copper. “We believe the project exhibits geological characteristics that warrant comprehensive technical and commercial due diligence. The MOU provides a structured framework for both parties to complete that work while negotiating a definitive acquisition agreement, and we look forward to working closely with the Rimrock team throughout that process.” The Company believes the Rimrock Project aligns well with its strategy of acquiring and advancing precious and base metals opportunities located within established mining jurisdictions. Project highlights, based on historical exploratio...