Full Metal Options Pyramid Copper-Gold-Molybdenum Porphyry to Antofagasta

Gold Investing

Full Metal Minerals Ltd. (CVE:FMM) announced that it has entered into an Option agreement with Antofagasta Minerals S.A. to explore the Pyramid Copper-Gold-Molybdenum porphyry project, located in southwest Alaska. An initial 2,000 meter core drilling program is underway.

Full Metal Minerals Ltd. (TSXV:FMM) announced that it has entered into an Option agreement with Antofagasta Minerals S.A. to explore the Pyramid Copper-Gold-Molybdenum porphyry project, located in southwest Alaska. An initial 2,000 meter core drilling program is underway.

The press release is quoted as saying:

Antofagasta Minerals can earn an initial 51% Interest (“First Option”) by incurring US$6,000,000 in Expenditures during the first four years (US$1,500,000 first year) and pay Full Metal US$200,000 in cash (US$50,000 at the end of the first year).

Click here to access the entire press release

Click here to access Full Metal Minerals Corporate Site

The Conversation (0)
MARKETS
COMMODITIES
CURRENCIES
×