Brief: Prospector agrees to acquire gold prospects in Peru from Milpo

Rio2

11/04/2017 13:00

April 11 (Reuters) - Prospector Resources Corp  PRR.V : 
    * Prospector agrees to acquire gold prospects in Peru from 
Milpo 
    * Prospector Resources Corp -  through unit has entered into 
a mining assignment and option agreement with Compañia Minera 
Milpo S.A.A. 
    * Prospector resources - pursuant to deal, unit has right to 
acquire all rights, interests in 7 gold exploration prospects of 
about 19,000 hectares in Peru 
    * Prospector Resources -  pursuant to deal, RIO2 is required 
to incur a total of US$5 million in exploration expenditures on 
portfolio over 36 month period 
 
Source text for Eikon:  ID:nCCN9kmDsd  
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