Replies to post #1331 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[tradermania]

No movement on good news with RNGD.

Maybe after the close on the deal.

Reno Gold Corp. To Increase Total Acreage To 1,420 Acres
Tuesday September 20, 9:00 am ET


VAUGHAN, Ontario, Sept. 20, 2005 (PRIMEZONE) -- Reno Gold Corp. (Other OTC:RNGD.PK - News) Announced today that they have signed a Letter of Intent with Western Recon & Mineral Exploration Inc. (Western). With this purchase Reno Gold Corp. would increase its workable acreage from 380 acres to 1,420 acres.
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This is a letter of intent to purchase certain Load mining claims located in northern and central Nevada described as the Troy Claims numbers 1-32 and the Burner Hill Claims numbers 1-20.

Western is the recorder and 100% owner of these claims.

The parties agree that the amount to be paid by Reno will be comprised of both cash and stock of Reno in an amount and a distribution to be agreed upon between the parties.

The parties hereto agree that Reno will be provided a period of sixty (60) days from the date of the execution of this agreement within which to complete their due diligence in respect of this proposal and negotiate an agreed compensation to be paid for Western's interest in the claims.