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Gold Finder Explorations and Holloman Enter MOU for Two Gold Projects in Central Asia

Feb 15 2011

Gold Finder Explorations Ltd. (TSX VENTURE:GFN) has announced that it has signed a Memorandum of Understanding with Holloman Corporation with respect to 2 gold projects in Central Asia.

The MOU is subject to technical and commercial due diligence. Gold Finder anticipates due diligence will take about 2 months. Gold Finder has commenced the due diligence process. There is no certainty that this due diligence will lead to a commercial deal and Gold Finder will provide to its shareholders updates as appropriate.

David Greenway, President of Gold Finder, stated, "we are very pleased with the efforts of Holloman that have yielded such quick results and fully supports our decision to engage their services. We are hopeful that our due diligence will be positive and that we can update our shareholders accordingly in due course."

Source:

Gold Finder Explorations Ltd.

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