Caerus Resource Corp. Reports 41.6 Grams Per Tonne Gold, 136 Grams Per Tonne Silver and 1.87% Copper at El Cafatel-Acquisition

Company News

Caerus Resource Corporation (CVE:CA) reported it has advised Inversiones Midas Ltd. (hereinafter IML), a private Colombian corporation, that the Company intends to proceed with the 100% acquisition of the El Cafetál Mine, located in Valparaiso Municipality, Department of Antioquia, Republic of Colombia.

Caerus Resource Corporation (TSXV:CA) reported it has advised Inversiones Midas Ltd. (hereinafter IML), a private Colombian corporation, that the Company intends to proceed with the 100% acquisition of the El Cafetál Mine, located in Valparaiso Municipality, Department of Antioquia, Republic of Colombia.

The press release is quoted as saying:

During recent due diligence, the Company determined that a title issue existed between IML and a prior partner. IML has extended the previous Letter of Intent with the Company to allow time to clear the title on the project.

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Click here to access Caerus Resources Corporate Site

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