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Newmont farms into Peru gold project

NEWMONT Mining has taken an option to earn a 75% stake in AIM-listed Monterrico Metals' Conaviri gold project in southern Peru by spending US$10 million over the next six years.

Brad Ricks

The 77sq.km block of exploration tenements, located in Ocurviri district, hosts a high sulphidation epithermal system interpreted by Monterrico as the southeast extension of the mineralisation found by...

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