Renaissance work funded
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.
The goal is to benefit Northern Nevada’s agriculture and ranching industries by developing solutions to environmental effects created by current concentrated animal feeding operations, or CAFOs.