Revelo Sells the Araya Breccia Copper Project and Options the Los Azules Copper Project to MASGLAS Limited

Revelo Resources Corp. (“Revelo” or the “Company”)(TSX VENTURE:RVL) is pleased to announce that it has finalized two agreements with MASGLAS Limited (“MASGLAS”). The first agreement is for the sale of Revelo’s Araya Breccia copper project in exchange for US$100,000 in cash; and the second agreement is for a four-year Option over Revelo’s neighbouring Los Azules copper project, that will allow MASGLAS to earn a 100% interest in the project in exchange for US$500,000 in cash and in-ground exploration commitments. Revelo will retain a 2% NSR royalty on all metals produced from both the Araya Breccia and Los Azules projects.
As quoted in the press release:

Tim Beale, President & CEO of Revelo, commented “We are pleased to be partnering with MASGLAS and we look forward to working with them on the exploration program at Los Azules. These deals continue to see Revelo’s royalty portfolio being developed, as well as delivering exploration advances on key projects. Revelo remains committed to the search for the right partner to advance projects with the ultimate goal of creating long term value”.

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