Renaissance work funded

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Renaissance Gold Inc., which operates from Reno, says Callinan Royalties Corp. agreed to fund $150,000 of exploration activity on RenGold’s Golden Shears property in southern Nevada. Callinan will get a 1.5 percent royalty on the project, and Renissance says it hopes the exploration will attract joint venture funding. The two companies agreed in October to create an exploration alliance.

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