09:53 AM EST - Rio Novo Gold Inc : announced that it has entered into a binding Letter of Intent, subject to confirmatory due diligence, with Core Values Mining & Exploration Company to acquire a 75% operating interest in the Toldafria Gold Project. Toldafria is located in central Colombia on an approximate north south line, between Medoro Resources' Marmato project and Anglogold Ashanti's La Colosa deposit. Rio Novo Gold Inc
shares T.RN are trading up $0.11 at $2.14.
