Nubian Signs LOI to Acquire 100% of the Esquilache Silver Lead Zinc Project in Southern Peru

- September 19th, 2017

Nubian Resources (the “Company”) (TSX VENTURE: NBR) is pleased to announce that the Company has entered into a binding letter of intent (“LOI”) with Zinc One Resources Inc. to acquire the Esquilache silver lead zinc project comprising of the historical Esquilache underground silver mine and adjacent Virgen de Chapi prospect located in the Puno Department … Continued

Nubian Resources (the “Company”) (TSX VENTURE: NBR) is pleased to announce that the Company has entered into a binding letter of intent (“LOI”) with Zinc One Resources Inc. to acquire the Esquilache silver lead zinc project comprising of the historical Esquilache underground silver mine and adjacent Virgen de Chapi prospect located in the Puno Department of Southern Peru.
Martin Walter, Chief Executive Officer of Nubian stated:

“We are very excited to have secured this cornerstone project for Nubian. The Esquilache polymetallic project “ticks all the boxes” in terms of high grade, near surface mineralization, good location and drill ready representing an advanced stage exploration project.
Once the acquisition is closed, Nubian intends to undertake a drilling program to define an initial mineral resource as well as advance the Project’s environmental, engineering and metallurgical studies. Together with processing of the stockpiles, the Project is geared for fast-track development.”

Click here to read the full text release. 

Find out what experts are saying about the future of cannabis

 
Read our 2019 conference report today
 

Tags

Tags:

Leave a Reply