Sphere Resources Enters Option Agreement for Ziggurat Property

Sphere Resources (TSXV:SPH.H) enters into a JV agreement to acquire mining claims at Poker Flats located within the Carlin Mining District in Elko County, Nevada.

The press release is quoted as saying:

This agreement enables the Company, along with its joint venture partner Spartan to acquire an equally shared 70% interest in the Ziggurat gold concession in Nevada’s world renowned Round Mountain-Northumberland Trend, home to the +15,000,000 ounce Round Mountain gold mine of Kinross and Barrick Gold, and Fronteer Gold’s +3,000,000 ounce Northumberland Mine. Under the terms of the agreement, Spartan is responsible for financing of the first stage exploration activities at Ziggurat.

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