Alturas Signs Mining Agreement

Alturas Minerals Corp (TSXV:ALT) announces that its subsidiary Alturas Minerals S.A. has entered into an agreement with the Origen Group S.A.C

The press release is quoted as saying:

Miguel Cardozo, Chairman and Interim President and CEO of Alturas commented, “The Company welcomes this new and important partnership with Origen, which is an important promoter of iron ore mining development in Peru. This mining agreement forms part of our ongoing strategy to share exploration and development expense and risk at some of our key projects, whilst the Company’s focuses its resources on its flagship properties. The Pampa Colorada property contains massive magnetite-hematite mineralization outcropping over extensive areas, which constitutes the primary exploration and development target for Origen. Based on the existence of strong copper and gold rock anomalies we believe that, in addition to the significant iron potential, there is also good discovery potential for semi-concealed iron oxide copper-gold (IOCG) mineralization”.

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