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Cornerstone and Newcrest in definitive Ecuador option agreement

23rd April 2019

By: Creamer Media Reporter

     

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Australian major Newcrest has signed a binding option and farm-in agreement with exploration company Cornerstone Capital Resources over the Caña Brava and Tioloma properties in Ecuador, targeting epithermal gold/silver and porphyry gold/copper deposits.

The agreement replaces the heads of agreement entered into between the companies in February.

Newcrest is also partnering with Cornerstone on the Miocene project in Chile.

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Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

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