Canadian-based Gold Finder Explorations has signed a Memorandum of Understanding with Holloman Corporation with respect to two gold projects in Central Asia.

The MOU is subject to technical and commercial due diligence, which Gold Finder expects will take about 2 months. Gold Finder has commenced this process but there is no certainty that it will lead to a commercial deal.

Gold Finder's president David Greenway says, “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.”

Holloman Corporation, based in Houston, Texas, is one of the largest employee owned engineering, procurement and construction companies in the United States with international operations in Australia, Southeast and Central Asia.

Its primary services include plant and pipeline engineering and construction with a focus on the natural gas and water and wastewater industries. The company also has operations in mineral exploration, drilling and heavy equipment supply and rental. Its customers participate in both traditional and emerging industries including oil and gas, environmental, alternative energy development, utilities and government projects.

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