Latest Linux Gold Corp (LNXGF) Headlines Linu
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Linux Gold Corp. Signs An Option Teaming Agreement With Kenn Roberts, Of Marfa, Texas To Produce Gold From A Unique Placer Mining Technology
PR Newswire - Fri Apr 05, 5:00AM CDT
Linux Gold Corp. (OTCBB: LNXGF), is pleased to announce that it has signed a teaming agreement with Kenn Roberts, of Marfa, Texas to produce gold from a unique placer mining technology. Linux Gold Corp. has a 45 day option and agrees to pay US$1,000 for the teaming agreement. The teaming agreement is earned by Linux Gold Corp. funding the gold extraction technology for a cost of US$32,000.
Teryl Resources Corp. Acquisition Of A 50% Working Interest In The Fish Creek Property From Linux Gold Corp.
PR Newswire - Thu Mar 07, 5:00AM CST
Teryl Resources Corp. (TSXV: TRC.V) (OTCBB: TRYLF) is pleased to announce it has acquired a 50% working interest in the Fish Creek property from Linux Gold Corp, pursuant to an agreement dated March 5, 2002 /amended January 23, 2012. Linux Gold will retain a 5% net royalty with a limit of $2,000,000. Teryl has the right to purchase the 5% net royalty, for $500,000, within one year of production.
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