According to the agreement, the company will acquire a 100% interest in the project through a series of share and cash payments over a four-year period. The total will be 1,700,000 Rio or $880,000.
President and CEO of Rio Cristal, Thomas Findley, said that the initially work down at Condor confirms the presence of locally strong surface gold mineralization in several prospect areas. The company is prioritizing future exploration work and drilling.
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