Brief: Mirasol Signs A Letter Agreement With Newcrest Mining

Mirasol Resources

26/02/2018 14:01

Feb 26 (Reuters) - Mirasol Resources Ltd  MRZ.V : 
    * MIRASOL SIGNS A BINDING LETTER AGREEMENT WITH NEWCREST 
MINING 
FOR A JOINT VENTURE ON THE ZEUS GOLD PROJECT IN CHILE 
    * NCM WILL SPEND A MINIMUM OF US$1.5 MILLION AT ZEUS OVER AN 
INITIAL 18-MONTH PERIOD 
    * NCM HAS RIGHT TO ACQUIRE UP TO 80% OF ZEUS PROJECT BY 
COMPLETING 
A SERIES OF MILESTONES, MAKING STAGED OPTION PAYMENTS TO CO OF 
$1 MILLION 
 
Source text for Eikon:  ID:nCNW5RDHKa  
Further company coverage:  MRZ.V  
 
 ((Reuters.Briefs@thomsonreuters.com;))