Brief: Mirasol Resources signed LoI with Oceanagold for JV agreement for Claudia Gold-Silver Project

Mirasol Resources

06/09/2017 14:04

Sept 6 (Reuters) - Mirasol Resources Ltd  MRZ.V : 
    * Mirasol Resources- signed LoI with Oceanagold Corp with 
respect to option JV agreement for Claudia au+ag project in 
Santa Cruz province Argentina 
    * Mirasol resources ltd - ogc will have right to acquire, 
in multiple stages, up to 75% of mirasol owned claudia project 
    * Mirasol resources ltd - mirasol will operate jv during 
first year and will be paid a 5% fee to cover administrative and 
overhead costs 
    * Mirasol resources ltd - ogc option to earn 51% over a 4 
year period by making cumulative exploration investment 
totalling us$10.5 million under agreement 
 
Source text for Eikon:  ID:nCNW4VdX3a  
Further company coverage:  MRZ.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))