Oremex Silver
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?????
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Wertpapier: Monarca Minerals |
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Oremex Silver options El Sol to Minera Cuicuilco
2013-07-02 19:05 ET - News Release
Mr. John Carlesso reports
OREMEX SILVER OPTIONS EL SOL PROJECT TO MINERA CUICUILCO
Oremex Silver Inc.'s wholly owned Mexican subsidiary, Minera Mantos S. de R.L. de C.V., has entered into an agreement with Minera Cuicuilco S.A. de C.V. (an indirect Mexican subsidiary of Freeport-McMoRan Copper & Gold Inc.) where Cuicuilco has the right to acquire a 100-per-cent interest in the El Sol property in Durango state, Mexico, for cash payments of $2-million (U.S.) over a three-year period.
The El Sol project, including mineral rights and surface rights, is 100 per cent owned by Minera Mantos. Oremex Silver considers El Sol to be a non-core asset of the company. El Sol is located in Durango state, Mexico, and approximately one kilometre northwest (and along trend) of the Cerro Las Minitas silver and base metal deposit. The property is at approximately 2,200 metres in elevation at the eastern limit of the Sierra Madre Occidental and has access year-round. The high-grade silver-lead-zinc system on the property has seen past production, but the property is at an early grassroots stage of exploration and development, and has no indicated resources.
Cuicuilco has an option to acquire 100 per cent of the property by making the following payments:
- After ratification of the agreement, $150,000 (U.S.);
- On or before the first anniversary of the ratification, $400,000 (U.S.);
- On or before the second anniversary of the ratification, $600,000 (U.S.);
- On or before the third anniversary of the ratification, $850,000 (U.S.).
The option grants Cuicuilco the right to acquire the property at any time between the ratification of the agreement and the third anniversary of the ratification. In addition, to keep the option viable, Cuicuilco must pay any concession maintenance fees that come due.
John Carlesso, executive chairman of Oremex Silver, stated: "El Sol represents the first milestone in the company's strategy to demonstrate and realize tangible value for its non-core assets. The company is committed to a strategy of unlocking and consolidating the financial value of these assets. Indicative of this strategy, this agreement demonstrates the potential of the El Sol project and management's ability to strengthen its financial position in a manner that is non-dilutive to its capital structure."
We seek Safe Harbor.
http://www.goldseiten.de/artikel/...ber-knackt-die-500-USD-Marke.html
sollte das eintreten...und oremex auch noch die Bodenrechte bekommen......wird oremex ein 50 bagger
bezüglich oremex...wendet euch an den högel..e mail adresse steht unter dem bericht....er ist deutscher
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Teil verkaufen, dann haben sie Geld für Tejamen
http://www.stock-world.de/analysen/...563_Gramm_Silber_pro_Tonne.html
smith und ivan gibt es nicht mehr....anscheinend muß ein board of direktors neu bestimmt werden, und deshalb die aussetzung....
Chairman of the Board
Mr. Carlesso is the founder of Cervello Capital Inc., a private Merchant Bank based in Toronto. He has over 16 years of international business experience, extensive experience as a founder, director and an executive with several junior resource companies throughout Latin America. He is the Executive Chairman of Oremex Silver Inc., an exploration and development company focused on silver assets in Mexico including the 50 million oz. open pit Tejamen deposit; Co-Founder and Chairman of Llave Oro Inc., an exploration company focused on gold projects in the Antioquia Gold Belt, Colombia; CEO of New Sage Energy Corp., Pursuing Oil & Gas exploration and development opportunities in South America, with a primary focus on Argentina; Co-Founder and CEO of Mogul Ventures Corp., a Canadian company advancing the Black Hills coal project in middle Gobi, Mongolia. Mr. Carlesso has extensive experience in the junior mining sector – held the position of Vice President, Corporate Development at Desert Sun Mining Corp, a company acquired by Yamana Gold Inc.
von mir..habe kein Bock mehr hier im vorum alleinunterhalter zu sein....
http://www.de.sharewise.com/i/...silver/stock_info#stock_full_profile
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