Wednesday, 1st December 2004 (2513 views)

American United Gold has announced it has signed a new agreement and appointed new management so it can earn up to an 85 per cent share in the Dagun gold exploration property.

Situated in the Guizhou province in China, the property is 19 square kilometres in size and is a mid-stage gold exploration project.

By forming this agreement, the company can now focus on gold and precious metal exploration, focusing on the emerging region of southwest China.

In addition, a new chairman, vice presidents and a new chief financial officer have all been appointed.

American United Gold is focused on exploration, financing and development of gold and resource properties across North America.

 

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