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    U308 Signs JV with Avocet Resources for Sierra Cuadrada Project

    Written by Investing News Network
    |
    Mar. 04, 2013 05:59PM PST

    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.

    argentinatsx:uweotcqx:uweffjoint venture
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