SOMETHINGS UP....News out
Cartier Iron options 55% of Chilean Au property
2017-06-16 07:13 ET - News Release
Mr. Thomas Larsen reports
CARTIER IRON SIGNS LETTER AGREEMENT ON CHILEAN GOLD PROPERTY
Cartier Iron Corp. has signed a letter agreement to earn 55 per cent of the Incienso property, located in the Coquimbo district, III Region, Chile. The letter agreement pertains to 31 mining concessions owned by a Chilean private corporation, Compania Minera La Rubia SA, that total 4,112 hectares (41.1 square kilometres). The property is located approximately 23 km from the coastal city of La Serena in III Region, Chile, in an active exploration area and borders Anglo American PLC concessions to the west, Minera Mandalay concessions to the east, and Teck-Cominco concessions to the north and northeast.
The terms of the letter agreement are summarized in the table.