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ZIMAPAN - GRC
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Latest Information  August 24, 2001 U.S. Gold Corporation announced its affiliate, Gold Resource Corporation, has leased a mining property in the Zimapan Mining District in the state of Hidalgo Mexico. The property has not been mined or explored but past mining in the district has proceeded up to the property boundary. GRC has 100% interest in the Zimapan Project encompassing approximately 47 ha subject to a 5% NSR with certain advance royalty payments to the mineral concession owner. GRC plans to commence an underground core-drilling program shortly to establish a minimum reserve. |
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