• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • WORLD EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • WORLD EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    market news

    Revelo Signs Exploration Option Agreement with SQM

    Olivia Da Silva
    Apr. 11, 2019 08:40AM PST
    Base Metals Investing

    Revelo Resources has signed an exploration option agreement with Sociedad Quimica Y Minera de Chile S.A. regarding two of Revelo’s assets.

    Revelo Resources (TSXV:RVL) has signed an exploration option agreement with Sociedad Quimica Y Minera de Chile S.A. (NYSE:SQM), which allows the latter to acquire up to 80 percent interest in two of Revelo’s copper assets in Chile.

    As stated in the press release:

    Both Calvario and Mirador display widespread geological characteristics indicative of the upper parts of possible porphyry copper systems, with Calvario having been the subject of minor historic drill testing, and Mirador representing an undrilled prospect. The two projects are contiguous and lie along one of the most prospective mineral belts in northern Chile, which includes major producing copper mines.

    Tim Beale, Revelo CEO and President, commented:

    “We are very pleased to have SQM, a major mining company with significant interests in Chile, as a partner at our Calvario and Mirador projects. This is Revelo’s third currently active JV partner, with 4 projects currently subject to third party expenditures in northern Chile. We view both Calvario and Mirador as priority targets due to their overall geological characteristics, the widespread and intense nature of the hydrothermal alteration zones, and presence of important geochemical anomalies of interest. We are excited to see this exploration program develop.”

    Click here to read the full press release from Revelo Resources.

    nyse:sqmmarket newsrevelo resourcestsxv:rvl
    The Conversation (0)

    Go Deeper

    AI Powered
    Sociedad Quimica y Minera S.A. (SQM)

    Sociedad Quimica y Minera S.A. (SQM)

    Chilean against blue sky.

    Chile Firms Up Lithium Nationalization Strategy with SQM, Codelco Partnership

    Latest News

    Cobre Limited: Unlocking Copper and Critical Minerals for a Low-carbon Future

    Bold Ventures Receives Exploration Permits for the Burchell Gold Copper Project and Highlights Ring of Fire News

    Heritage Mining Provides Exploration and Melba Project Update

    Group Eleven Drills 6.2m of 312 g/t Ag and 0.95% Cu, incl. 2.8m of 549 g/t Ag and 1.77% Cu in a 90m Step-Out, Further Supporting Deeper Cu-Ag Target at Ballywire

    Prismo Metals Discovers Two Separate Mineralized Veins at Silver King

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×