Nevado signs a letter of intent with SOQUEM for project Roger

February 21, 2017

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MONTREAL, QUEBEC–(Marketwired – Feb. 21, 2017) – Nevado Resources Corp. (TSX VENTURE:VDO) (the “Company” or “NEVADO”) is pleased to announce the signing of a Letter of Intent for project Roger located 5 km northwest of the town of Chibougamau in the province of Quebec. The letter is subject to due diligence on legal, technical and commercial aspects, both parties have agreed to negotiate the terms of an agreement before February 28, 2017. This final agreement will establish the terms of the option to be granted to Nevado and the joint venture to be created thereafter for the exploration and, where applicable, the development and operation of this gold project.

Category: General