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Focus Ventures Ltd. (TSXV:FCV) announced it is acquiring the Aurora porphyry copper-molybdenum property in Peru.
Focus Ventures Ltd. (TSXV:FCV) announced it is acquiring the Aurora porphyry copper-molybdenum property in Peru.
As quoted in the press release:
Focus can acquire 100% of the 400 hectare claim by paying US$3,525,000 and granting a 1% NSR by January 2017. There are no expenditure commitments. In addition, Focus has staked an additional 2,300 hectares and optioned a further 800 hectares immediately to the west and south, bringing the total area controlled by Focus to 3,500 hectares.
Click here to read the Focus Ventures Ltd. (TSXV:FCV) press release.