Consolidated lease |

Consolidated lease

Consolidated Goldfields Corp. of Reno said last week it leased a 1,320-acre property 25 miles of Tonopah and plans a gold-exploration program.

The lease with Mountain Gold Claims Series 9 LLC and King Solomon Gold LLC requires cash payments totaling $357,000 in its first 10 years as well as payment of 25,000 shares of Consolidate’s publicly traded common stock.

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