VANCOUVER - Redhill Resources Corp. (TSXV:RHR) is acquiring an 85 per cent interest in the Nyakagw gold project in Tanzania for US$ 613,400.Under its agreement with Thamani Mines, Redhill can can acquire the remaining 15 per cent under a formula in which it would pay five per cent of the spot price of gold at the time of purchase, multiplied by … [Read more...]