North Springs says signed agreements for Rio, Belo properties in Kabouri

The American mining company under scrutiny since declaring an interest in acquiring mining property here has announced that it has signed definitive agreements to earn a 100% interest in the mineral rights conferred under two large-scale prospecting licences in Guyana.

In a statement through the Marketwatch website, North Springs Resources Corp (NSRC) said that it has retained a well-respected Guyanese law firm to assist with the process of complying with all applicable laws and regulations in Guyana and with transfer of title at the agreed time.

The company had come under scrutiny since the Ministry of Natural Resources and the Environment said the