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Mineros SA ( (TSE:MSA) ) has issued an announcement.
Mineros S.A. has announced the acquisition of an 80% interest in the La Pepa Project from Pan American Silver Corp., bringing its ownership to 100% for $40 million. This acquisition aligns with Mineros’ strategy to expand its portfolio of growth projects and marks its entry into Chile, a region with a rich mining history. The La Pepa Project, located in the Maricunga Gold Belt, represents a significant exploration opportunity with promising mineralization. Mineros plans to conduct a preliminary economic assessment to evaluate its feasibility as a heap-leaching operation.
More about Mineros SA
Mineros S.A. is a Latin American gold mining company based in Medellin, Colombia, with a diversified asset base including mines in Colombia and Nicaragua. The company has a strong focus on safety and sustainability, with a track record of maximizing shareholder value and delivering solid dividends. Mineros is listed on the Toronto Stock Exchange and the Colombia Stock Exchange.
Average Trading Volume: 205,286
Technical Sentiment Signal: Buy
Current Market Cap: C$792.9M
See more data about MSA stock on TipRanks’ Stock Analysis page.