Brief: Avanco Resources says co to acquire gold project

Jaguar Mining

06/10/2016 23:13

Oct 7 (Reuters) - Avanco Resources Ltd  AVB.AX  
    * Avanco to acquire advanced gold project 
    * Agreement provides avanco with right to earn 20% of 
Jaguar's 100% interest in Gurupi gold project 
    * Will pay jaguar aggregate cash fee of us$1.7 million plus 
additional fee of us$500,000 in cash or shares in Avanco 
    * Entered into an agreement with TSX-listed Jaguar Mining 
Inc. (Jaguar) to earn up to 100% of the Gurupi gold project 
located in Brazil 
 
Source text for Eikon:  ID:nASX6RZqLq  
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