Junior Golden Regent Resources (ASE) can earn a 66.7% interest in several gold properties in the Slovak Republic.
It will acquire the interest from joint-venture partner Eco Trends Consulting of Bratislava.
The areas comprise 90 sq. km and are known to host two gold occurrences. Golden Regent believes there is potential for large, epithermal deposits and plans to start mapping, geochemical surveying, tunnelling and drilling in May. It will also perform mineral processing tests.
The joint-venture agreement has yet to be approved by regulators.
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