09:51 AM EST - AuEx Ventures Inc. : announced the execution of an exploration earn-in agreement with NuLegacy Gold Corporation NV, concerning the company's Wood Hills South gold exploration project in eastern Elko County Nevada about 12 miles (20 kilometres) to the west of the Company's West Pequop and Long Canyon joint venture projects in the new Pequop Gold District. Under the terms of the earn-in agreement, NuLegacy paid AuEx $20,000 on signing and is committed to expend a minimum of $150,000 during the first year of the agreement. The company stated that NuLegacy will then have six additional years with escalating annual work commitments to expend a minimum total of $5 million and complete a bankable feasibility study in order to earn a 70% interest in the Wood Hills South project. AuEx Ventures Inc.
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