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heavymetal

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heavymetal

Re: heavymetal post# 574

Thursday, 07/12/2012 5:13:11 PM

Thursday, July 12, 2012 5:13:11 PM

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here is an excerpt from a dec 5, 2007 news release taken from the archives of the evolving gold website:
"With respect to each Project Area, Newmont has retained an option to enter into one or more joint ventures with Evolving and earn a 51% interest in the property by expending 200% of the exploration expenditures made by Evolving, and an additional 19% interest (for a total undivided interest of 70%) by expending an additional 150% of the exploration expenditures made by Evolving."
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