North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Tri-Valley Corp., a California-based oil explorer, has cut an exploration-purchase deal with US Gold Corp. on the Richardson gold property, one of Tri-Valley's two mineral exploration properties in Interior Alaska.

The agreement, penned July 1, provides US Gold with an option to acquire 60 percent interest in the 55-square-mile Richardson property once the Toronto-based company completes US$5 m...