FULL DESCRIPTION
Nationsmark Nextgen, formerly North American Gold & Minerals Fund, incorporated on February 5, 2007, is an exploration-stage company. The Company is engaged in the acquisition, exploration and development of natural resource properties. The Company's mineral exploration property, CAD 1-4 Claims is located in the Lone Mountain Mining District, Esmeralda County, Nevada. The Paymaster Mine is located in Paymaster Canyon approximately 20 miles northwest from Goldfield, Nevada.
The Company's Yaba Silver Property is located in 40 acres of mining claims (two lode claims) on land administered by the United States Forest Service (USFS) in the Yarber Wash Mining District, in Yavapai County, Arizona, about 15 miles south of Jerome. The Yaba Silver property contains two mines: Tri-Metals Mine and the Gold Dot. The Company has shafts and adits, ranging from 65 feet to 285 feet. The Company's North Rawhide Gold project consists of approximately 60 acres of mining claims (three lode claims) in the Owens Mining District, in southern Mohave County, Arizona, on land administered by the Bureau of Land Management (BLM).
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