1) NewCo. organized by Project-Generator 
2) Claims staked by Project-Generator
3) Claims optioned to NewCo. for millions of shares, options and warrants and most important over-riding royalties in favour of Project-Generator.
4)  Front men with little to no experience hired for shares and free bus trips to run NewCo.  A typical front-man needs to project confidence, present well and rely on the Project-Generator at all times. 

If something is found (unlikely) the main value in the deal flows to Project-Generator who cobbled company, claims and deal together and has now encumbered the deal and the company to pay for his shares, options, warrants and royalties.