Palayan Resources Announces Commencement of Drill Program
February 09, 2021 13:09 ET | Source: Palayan Resources, Inc. Palayan Resources, Inc.
Lady Lake, FL, Feb. 09, 2021 (GLOBE NEWSWIRE)
via NewMediaWire Palayan Resources, Inc. (the “Company” or “PLYN”) (OTCMarkets: PLYN), and Provenance Gold Corp. (the “Company” or “PAU”) (CSE: PAU) (FSE: 3PG) are pleased to announce commencement of their initial drilling program, by and though their newly formed Joint Venture company, GS Exploration Corporation, on the Silver Bow gold and silver property in Nye County, Nevada. The drill rig is presently being mobilized and drilling is set to begin by the end of the week. Palayan has funded the initial tranche due under the Joint Venture Agreement which enabled the mobilization of machinery to commence drilling operations.
Palayan Provides Insight on the Gold Industry – Padovanews
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Palayan Provides Insight on the Gold Industry
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Palayan Provides Update on Silver Bow Transaction With Provenance, Describes Potential Targets
Palayan Resources Inc.December 11, 2020 GMT
Windermere, FL - ( NewMediaWire ) - December 11, 2020 - Palayan Resources, Inc. (the “Company” or “PLYN”) (OTCMarkets: PLYN), a publicly traded, fully reporting emerging growth company, is pleased to discuss the Silver Bow Property that is the focus of the recently executed Letter of Intent with Provenance Gold Corp. (“Provenance”) (CSE:PAU) (FSE:3PG). Provenance holds the right to acquire 102 lode mineral claims, known as the Silver Bow Claims, and also controls the right to one (1) patented mining claim, identified as the Blue Horse Claim (the “Claim”) (collectively, the “Project”), all of which are located in Nye County in the State of Nevada and are subject to certain net smelter returns royalty. The Project consists of approxima