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Northern Lights Resources Corp.: Medicine Springs JV - Project Expansion and Exploration Update


Northern Lights Resources Corp.: Medicine Springs JV - Project Expansion and Exploration Update
VANCOUVER, BC / ACCESSWIRE / June 9, 2021 / Northern Lights Resources Corp. ( Northern Lights or the Company ) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce a significant expansion to the claim base and the commencement of exploration work at the Medicine Springs Project located in Elko County, Nevada, that the Company is exploring in joint venture with Reyna Silver Corp. ( Reyna Silver ), (TSX.V:RSVL).
Under the terms of the Medicine Springs Option and Joint Venture Agreement, announced October 5, 2021, Reyna Silver will earn a 75% interest in the Medicine Springs Project ( Medicine Springs or the JV Project ) by fulfilling various commitments including completing exploration work commitments totalling US$2.4 million. Reyna may acquire an additional 5% in Medicine Springs by paying Northern Lights US$1.0 million. Under the terms of the Joint Venture, Reyna Silver is respons ....

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Medicine Springs JV - Project Expansion and Exploration Update


Medicine Springs JV - Project Expansion and Exploration Update
ACCESSWIRE
09 Jun 2021, 21:05 GMT+10
VANCOUVER, BC / ACCESSWIRE / June 9, 2021 / Northern Lights Resources Corp. ( Northern Lights or the Company ) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce a significant expansion to the claim base and the commencement of exploration work at the Medicine Springs Project located in Elko County, Nevada, that the Company is exploring in joint venture with Reyna Silver Corp. ( Reyna Silver ), (TSX.V:RSVL).
Under the terms of the Medicine Springs Option and Joint Venture Agreement, announced October 5, 2021, Reyna Silver will earn a 75% interest in the Medicine Springs Project ( Medicine Springs or the JV Project ) by fulfilling various commitments including completing exploration work commitments totalling US$2.4 million. Reyna may acquire an additional 5% in Medicine Springs by paying Northern Lights US$1.0 million. Under the terms of the Joint Venture, Reyna Silve ....

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