Mexivada options prospect

Mexivada Mining Corp. of Vancouver said last week it signed an option to sell a 70 percent interest in mining claims southwest of Elko to Spartan Gold Ltd. of Washington, D.C, and with Sphere Resources Inc. of Whitehorse in the Yukon.

Spartan and Sphere can earn a 70 percent interest in the Poker Flats property, 25 claims covering 500 acres in the Carlin-Rain district, by spending $750,000 on exploration and paying stock and cash to Mexivada.