This company is already an explorer of %HighGradeSilver and %Gold pep reties in South America, and this latest acquisition will help expand its reach.
%MantaroPreciousMetals () () exercised its option to acquire a 51% in the share capital of Minera Golden Hill S.R.L . owner of Golden Hill Property, located in Bolivia.
According to the company’s press release, Craig Hairfield, Mantaro’s CEO, stated “ This option exercise represents an important step for Mantaro towards its goal of advancing high-quality, district-scale mineral properties. We are excited to invest and operate in Bolivia as the country continues to demonstrate its vast mineral potential and commitment to further developing its mineral mining industry."
U.S. shares of Mantaro were trading at $0.59 in morning trade.
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