Cameco Gold Inc. said last week it
found high-grade gold mineralization at
its REN project in northern Nevada.
The company, a subsidiary of Torontobased
Cameco Corp., said more tests are
needed to determine the economic significance
of the findings.
Cameco Gold is the operator and
majority owner (62.14 percent) of the
REN project, with Homestake Mining
Corporation of California, a wholly
owned subsidiary of Barrick Gold
Corporation, owning the remaining interest
(37.86 percent) in the joint venture.
The REN project is located 2.5 km
north of the Meikle and Rodeo underground
mines in the Carlin trend,
Cameco said in a press release last week.