Orosur Mining Announces Gladiator Earns First 20% Interest in Orosur´s Iron Ore Prospects in Uruguay

Mineweb reported that Orosur Mining Inc. announced that Gladiator (ASX:GLA) has earned its first 20% interest in the Isla Cristalina prospects.

The editorial is quoted as saying:

The option agreement provides for Gladiator to earn up to an 80% interest by expending US$1 million to earn 20%, a further US$4 million to earn an additional 31% taking its interest to 51% and finally an additional 29% by preparing a bankable feasibility study.

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