Sungro Minerals closes Conglomerate Mesa Agreement
Sungro Minerals, Inc. (OTCBB: SUGO) reported the completion of all terms and conditions required for closing the acquisition of the previously announced Definitive Agreement for the Conglomerate Mesa Project.
The press release is quoted as saying:
The Company will provide future updates as it relates to the following expected two year work schedule:
1.Proving up mineable reserves through drilling.
2.Completing initial metallurgical studies.
3.Completing district wide mineral evaluation designed to identify all gold/copper/zinc/silver targets outside of the currently known occurrences, with the potential to host mineable deposits.
4.Complete a regional stream sediment sampling program.
5.Complete detailed geologic mapping on the resource areas with a focus on identifying ore controls.
Click here to access the entire press release
Comment |
|
Tweet |
|
All content Copright 2011 Dig Media Inc. Disclaimer
Reproduction Request
Tue, Feb 16, 2010
Post by Melissa Pistilli, Zinc Senior Reporter