The company has agreed to acquire the interest of the sellers in the unpatented mining claims, located in Mohave County, Arizona.

The company said that this acquisition brings its total interest in these 22 unpatented placer mining claims to 62.5% as well as giving the company a 100% interest in the 15 unpatented lode mining claims in the Oatman Gold Project.

The unpatented lode claims include the ‘King Midas’, ‘Argo’ and ‘Oatman Southern’ mines.