Miranda Gold Corp. of Vancouver said last week it's struck an exploration deal with NuLegacy Gold Corp. on Miranda's Red Hill project in Eureka County.
NuLegacy is a new, privately held company headed by former executives of National/Alamos Gold Corp. and Gryphon Gold.
The company agreed to spend $500,000 on exploration of Red Hill by the end of next year and can earn a 60 percent interest in the project by investing $4 million on exploration within five years.