Romarco expands Nevada presence

Nevada explorer Romarco Minerals (CDN) will acquire two claim blocks comprising seven claims in the vicinity of its Midas property in Elko Cty.

Romarco must spend US$200,000 on exploration and make advanced royalty payments of US$35,000 over three years on the claims. The property is subject to a 3% net smelter return royalty, which can be bought at Romarco’s option for US$750,000.