Euro Sun Mining Inc T.ESM

Alternate Symbol(s): CPNFF

Metals & Mining Industrial Metals & Minerals

Euro Sun Mining Inc. is a Canada-based mining company. The Company is focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania. The Company holds the Rovina Valley Project through a mining license which covers a total of 27.68 square kilometers (km2). The Rovina Valley Project consists of three copper-gold porphyry systems referred to as Rovina, Colnic and Ciresata. The Colnic Deposit is located approximately 2.5 km south of the Rovina Deposit and the Ciresata Deposit is approximately 4 km south of the Colnic Deposit. The Rovina gold deposit holds about 400 million tons of confirmed resources containing 7.0 million ounces of gold and 1.4 billion pounds of copper.

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Euro Sun Mining Inc > Euro Sun Mining and Glencore Enter into MOU for Concentrate

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Post by Betteryear2on Oct 31, 2024 8:27am

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Post# 36290252

Euro Sun Mining and Glencore Enter into MOU for Concentrate

TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that they have entered a binding Memorandum of Understanding (the “MOU’) with Glencore International AG (“Glencore”) by which Euro Sun grants Glencore the right of first refusal (“ROFR”) for an offtake of all future concentrate to be produced by Euro Sun at its Rovina Valley Project in Romania. In addition, Glencore has the right to nominate one director to the Euro Sun board of directors.

Euro Sun Mining and Glencore Enter into MOU for Concentrate

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