Tuesday, June 09, 2015 3:49:43 PM
I prefer to check instead with the official websites of both AUYRN and MDMN. At least published material carries some credence.
Speaking of, mention was made elsewhere of changes in the language of MDMN’s home page. Just how should we interpret the following?
“In January 2015, MMC completed an Option Agreement proposing a purchase of Compañia NUOCO Mining Chile S.C.M. shares. The NUOCO properties comprise the Las dos Marias, Los Amigos, Columbo and Mambo claim groups covering in excess of 2,400+ hectares. This proposal was presented by AURYN to MMC in order to consolidate and streamline their entire property package that includes the adjacent Altos de Lipangue properties . Pursuant to the option contract being exercised by Auryn, then MMC would earn a 15% Free Carried Share Interest in the entire project.”
Is this confirmation of an answer to the long-awaited question of whether the Joint Venture Option Agreement for the entire ADL does indeed include a 15% FCI? That would be extremely good news. Unfortunately, the language is a little slippery here.
At any rate, the fact that completion of the airborne high-resolution magnetometer survey is still being mentioned on the website bodes very well for continued progress.
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