Wednesday, March 14, 2012 6:40:04 PM
Miners Pay Close Attention as Sniper Drills Nevada Gold
By Greg Klein
Sniper Resources’ TSXV:SIP CEO Scott Baxter says Nevada has earned his loyalty. That’s where Baxter’s former company, Tone Resources, hit paydirt — not just for himself, but for Rob McEwen’s US Gold (now McEwen Mining TSX:MUX). McEwen acquired Tone in 2007. “I made him a huge return on his investment,” Baxter says. “And you know what? Today’s a new day, and I want to do it all over again.”
Now the majors are looking at Sniper‘s flagship Weepah Gold Property. Initial results announced March 5 coincided with PDAC and, Baxter says, “generated interest instantly on arrival.” As a result, “Three of the top 10 mining companies asked me for CAs [confidentiality agreements] specific to Weepah.”
Read the rest of this article. http://resourceclips.com/2012/03/14/major-attraction/
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