Cerrado Gold grows gold-silver portfolio in Argentina
Drilling in Santa Cruz.
(Reference image by Cerrado Gold).
Three months after its initial announcement, Cerrado Gold, a privately-owned Toronto-based mining and exploration company, completed a share purchase agreement with Capella Minerals to acquire 100% of its Argentine subsidiary, Minera Mariana Argentina S.A.
In a press release, Cerrado said the principal assets owned by Minera Mariana include the Las Calandrias and Los Cisnes projects, located in the southern Santa Cruz province.
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Together, both projects total 60,400 hectares with the bulk of the landholdings on the property adjacent to Cerrado’s Minera Don Nicolás gold mine.
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VANCOUVER, BC, Jan. 25, 2021 /PRNewswire/ - Capella Minerals Ltd. (TSXV: CMIL) (FRA: N7D2) (the Company or Capella ) is pleased to advise that, further to the Company s news release of January 7, 2021, the Company has now completed and closed the sale of its 100% interest in its Argentine subsidiary, Minera Mariana Argentina S.A. ( Minera Mariana ), to Cerrado Gold Inc. ( Cerrado ) (the Transaction ). Minera Mariana is the owner of the Las Calandrias and Los Cisnes gold-silver projects, in addition to a portfolio of exploration concessions located in the Eastern Deseado Massif, Santa Cruz Province, southern Argentina. The terms of the Transaction were announced in the Company s News Release dated October 28, 2020.
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VANCOUVER, BC, Jan. 7, 2021 /PRNewswire/ - Capella Minerals Ltd. (TSXV: CMIL) (FRA: N7D2) (the Company or Capella ) is pleased to announce that, further to its News Release dated October 28, 2020, it has entered into a Share Purchase Agreement with Cerrado Gold Inc. ( Cerrado ) pursuant to which Capella will sell its 100% interest in its Argentine subsidiary, Minera Mariana Argentina S.A. ( Minera Mariana ), to Cerrado (the Transaction ). Minera Mariana is the owner of the Las Calandrias and Los Cisnes gold-silver projects, in addition to a portfolio of exploration concessions located in the Eastern Deseado Massif, Santa Cruz Province, southern Argentina. The terms of the Transaction were announced in the Company s News Release dated October 28, 2020. Under the terms of the Share Purchase Agreement, Capella will receive 1,125,000 Cerrado shares on closing of the Transaction, expected to be during January 2021, subject to upward adjustment