Eurasian Minerals Inc. and Antofagasta Minerals S.A. Sign Regional Strategic Alliance Agreements for Copper Exploration
Eurasian Minerals Inc. (CVE:EMX) announced that it has entered into a Strategic Alliance and Earn-In Agreement with Antofagasta Minerals S.A. focused mainly on copper exploration in Sweden.
Eurasian Minerals Inc. (TSXV:EMX) announced that it has entered into a Strategic Alliance and Earn-In Agreement with Antofagasta Minerals S.A. focused mainly on copper exploration in Sweden.
The press release is quoted as saying:
AMSA is the mining division of Antofagasta Plc, a Chilean-based mining company listed on the London Stock Exchange. The Agreement includes a regional strategic exploration alliance that covers all of Sweden (subject to certain exclusions), an agreement to designate the Kiruna South copper property as a Designated Project with the right of AMSA to earn up to a 70% interest therein, and a $5,005,000 CAD private placement into Eurasian.