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U308 Signs JV with Avocet Resources for Sierra Cuadrada Project
Mar. 04, 2013 05:59PM PST
Company NewsU308 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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