Cadre lands Venezuelan ground

In return for quarterly payments of US$50,000, to a total of US$200,000 plus 100,000 common shares, Cadre Resources (VSE) can acquire the Venezuelan property known as El Encanto.

Situated in the Marwani district, the property is contiguous with the MW-1 and MW-2 concessions. These are being evaluated by Bolivar Goldfields (VSE).