Renaissance Gold and Kinross Gold Execute Earn-in Agreement to Fund Three Projects in Nevada

Precious Metals

Renaissance Gold Inc. (TSX.V: REN) (“RenGold” or the “Company”) is pleased to announce that they have signed definitive agreements with Kinross Gold U.S.A, Inc. (“Kinross USA”) granting Kinross USA the option to acquire a 70% interest in the Spruce East, Diamond Point and Buffalo Canyon exploration projects located in Nevada within 10 years (the “Option …

Renaissance Gold Inc. (TSX.V: REN) (“RenGold” or the “Company”) is pleased to announce that they have signed definitive agreements with Kinross Gold U.S.A, Inc. (“Kinross USA”) granting Kinross USA the option to acquire a 70% interest in the Spruce East, Diamond Point and Buffalo Canyon exploration projects located in Nevada within 10 years (the “Option Agreement”).
As quoted in the press release:

Ronald Parratt, President & CEO states “Execution of these agreements provides an excellent opportunity to accelerate the exploration of three properties in the RenGold portfolio. The extra funding into the corporation will allow us to continue an aggressive exploration program in specific areas with a partner anxious to pick up projects. We are pleased with the confidence placed in Renaissance by Kinross and it is a pleasure to add a company such as Kinross to our shareholder list.”

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