North Springs Negotiates Arizona Gold Acquisition

North Springs Resources Corp. (OTCBB:NSRS,OTC Pink:NSRS) announced the signing of an LOI to acquire a 20% stake in the Goldstar/One Armed Joe Project.

As quoted in the press release:

The proposed transaction remains subject to, among other things, North Springs and DNP entering into a definitive agreement and completion of satisfactory due diligence by both parties.

North Springs’ President, Harry Lappa said:

This is a gold project with huge potential! If we complete our acquisition of the property, we will be aggressive in moving forward with its development.

Click here for the North Springs Resources Corp. (OTCBB:NSRS) press release.