EXPM:HRTFF - Post by User
Comment by
bufordpusseron Dec 16, 2021 1:44pm
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Post# 34237670
RE:RE:RE:RE:RE:Court order
RE:RE:RE:RE:RE:Court orderpg, 58-59 0n this pdf file
Sugar_Zone_Expansion_FS_01012021.pdf "On 31 January 1995, Harte Gold acquired the majority of the unpatented mining claims comprising the Sugar Zone Property from John E. Ternowesky, Lloyd Halverson, Ernie Beaven, Eino Ranta, Omer L. Belisle, and Peter Nabigon. Harte Gold subsequently entered into an Option and Joint Venture Agreement with Corona Gold Corporation (Corona) dated 10 July 1998 (the Sugar Zone Joint Venture). Under the Sugar Zone Joint Venture, Corona was granted the right to acquire a 51% interest in, and become the Operator of, the Property upon the payment on closing of $50,000 to Harte Gold and payment of $1 million in exploration expenditures within 48 months of the Option and Joint Venture Agreement; Corona exercised that right. Corona also had the right to increase its interest in the Property to 75% on payment of an additional $200,000 to Harte Gold, and an additional $700,000 in exploration expenditures within 48 months of the date of the Sugar Zone Joint Venture."