Ranchero Gold Corp (TSE:RNCH) has released an update.
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Ranchero Gold Corp. has successfully completed the sale of its Santa Daniela property’s mineral licenses, netting $1,892,000 upon closing, with a total sale value of $2,550,000. A potential future payment of $2,500,000 is contingent on Minas de Oro’s declaration or mining of over 500,000 ounces of gold within the property. Ranchero is now shifting its primary focus to the Pinchi Lake nickel project, while also evaluating new opportunities.
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