Mexivada Mining Corp. of Vancouver said it sold an option for as much as a 75 percent in its Goldstorm project in Elko County to privately held West Kirkland Mining Inc.
West Kirkland can acquire an initial 56 percent interest in the property by spending $2.9 million in exploration and paying $340,000 in cash and paying up to 450,000 share of West Kirkland stock to Mexivada.