U308 Signs JV with Avocet Resources for Sierra Cuadrada Project

Resource Investing News

U308 Corp. (TSX:UWE, OTCQX:UWEFF) announced that it has signed a joint venture agreement with Avocet Resources Limited to explore U308’s 100% owned Sierra Cuadrada Project, which is located in Argentina.

U308 Corp. (TSX:UWE, OTCQX:UWEFF) announced that it has signed a joint venture agreement with Avocet Resources Limited to explore U308′s 100% owned Sierra Cuadrada Project, which is located in Argentina.

As quoted in the press release:

Through this agreement, Avocet may earn a 51% interest in the Sierra Cuadrada Project by spending US$1 million in exploration over a maximum of four years. Avocet will manage the exploration of the project.

Click here to read the full U308 Corp. (TSX:UWE, OTCQX:UWEFF) press release.

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