Resourcetec Corporation Acquires Gold Coin Mining Claims in Nevada

Reuters12-22 22:27

Resourcetec Corporation Acquires Gold Coin Mining Claims in Nevada

ResourceTec Corporation has announced the acquisition of the Gold Coin mining claims in Esmeralda County, Nevada. The company signed a Mining Claim Purchase & Sale Agreement to secure the mineral rights to the Gold Coin Concession. Early exploration, led by geologist Paul D. Noland, has confirmed historical occurrences of gold mineralization, including disseminated sediment-hosted gold and gold-bearing shears and quartz veins. ResourceTec plans to pursue permitting with the Bureau of Land Management ahead of trenching and drilling activities to further explore the site. The agreement includes an initial payment of $15,000, with additional payments totaling $47,500 over two years, and a 0.5% Net Smelter Returns Production Royalty to the seller. The company is also committed to spending at least $30,000 annually on direct exploration activities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Resourcetec Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: LA51184) on December 22, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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