State of drilling at APTA, reported in August

Minera Monte Águila, JV partner of Orosur Mining Inc. (TSX: OMI) in the latter’s Anzá Project, exercised its right to assume operatorship of the project as specified in the partners’ Exploration Agreement with Venture Option.
The agreement allows 90 days for the transfer of staff and contracts from Minera Anzá to Monte Águila.
The Anzá Project is now in the fourth year of its Phase 1 plan, and the exploration agreement mandates a US$4mn investment this year. Monte Águila expects to continue following the original project program, embarking on Phase 2 in September 2022.
Anzá hosts a 20km strike length, including the APTA strike, which was recently increased from 500m to 800m.
Monte Águila is a 50/50 JV between Newmont Corporation (NYSE, TSX: NEM) and Agnico Eagle Mines Limited (TSX: AEM).

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *