Titan could earn into Peru gold
PERTH (miningweekly.com) – ASX-listed junior Titan Minerals could potentially acquire an 85% interest in the Las Antas gold project, in Peru, after negotiations with a private Peruvian company.
Subject to the execution of a formal binding earn-in agreement, Titan could earn an initial 60% interest in the project by spending $2-million in exploration over a two-year period, and by paying the vendor $450 000.
On the delivery of a sole-funded feasibility study, Titan would take its interest in Las Antas from 60% to 70%. The company will be granted the option to acquire an additional 15% ownership in the project through staged earn-ins totalling $2.5-million.
Las Antas is 80 km east of Peru’s PanAmerican highway, and well within trucking distance of Titan’s Tulin and Vista gold processing facility. The project has an extensive zone of intense hydrothermal alterations at surface, and has been subject to early state exploration through to 1998, before exploration ceased.
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation