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Estrella Gold (TSXV:EST) announced the termination of its two option agreements for the Colpayoc gold project due to recent social issues at gold mines nearby and the very high costs of holding this project.
As quoted in the press release:
Mr. John R. Wilson, President and CEO of Estrella commented, “The Company will now move ahead and focus its resources on advancing its projects in southern Peru as well as exploring for more prospects in this part of the country where the environment for discovery of potentially economic projects is more favourable.”
Click here to read the Estrella Gold (TSXV:EST) press release
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