also why do you sticky your own posts but not the most recent pr?
Online PR News – 13-January-2014 –Richmond, IN – South American Gold Corp. (OTCQB: SAGD) is pleased to provide an update on project activities.
The company has entered into a joint venture arrangement with Kalahari Greentech for the New Light Mine Washington state project, and its GB-2 project. The Company received shares of Kalahari for entering into these arrangements, and has the right to earn-back in a forty percent (40%) interest in the projects. The Company is discussing with Kalahari the spring work programs for these projects.The Company is in negotiations to modify the terms of its lease option agreement on the Baltimore Mine. 2013 work determined through sampling above ground dump material the presence of silver, and the next step on the project would be to secure required permits for rehabilitation of underground workings to facilitate underground sampling.
The Company also signed an extension of its memorandum of understanding with privately-held GMRV on its Montana mineral property interests
About South American gold (OTCBB: SAGD)
The Company’s objective is to locate, explore. develop or joint-venture commercially viable gold deposits primarily in North and Latin America. The Company focuses principally on geographic areas that are home to established gold deposits, including highly prospective districts and secondly on projects which may generate mid-term cash flow to support exploration activities. The Company has also recently established a trading division focused on providing international trade services
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