CuOro Resources Completes Initial Assessment of Barranco de Lobo

Copper Investing

CuOro Resources Corp. (TSXV:CUA) announced the completion of its initial assessment of the Barranco de Lobo project. CuOro reported that the overall results did not meet expectations.

CuOro Resources Corp. (TSXV:CUA) announced the completion of its initial assessment of the Barranco de Lobo project. CuOro reported that the overall results did not meet expectations. The Company’s board has decided that it will be terminating its option agreement.

As quoted in the press release:

The Barranco de Lobo project is held pursuant to an option agreement that calls for further cash payments of US $600,000. The Company has been in negotiations with the underlying owner seeking an amendment of the quantum and timing of the option payments.

Click here to read the CuOro Resources Corp. (TSXV:CUA) press release

See this press release on Marketwire
Click here to see the CuOro Resources Corp. (TSXV:CUA) profile

The Conversation (0)
×