Cda Mines Acquires Option On Gold Mine
Coeur d’Alene Mines Corp. has purchased an option to the Boton de Oro gold mine located next to the company’s El Bronce mine in northern Chile.
The company can, at any time, spend $2.5 million to buy the mine, which could contain as much as 250,000 ounces of gold. Coeur would need to spend $500,000 to develop the mine in order to fulfill the agreement.
Coeur already buys ore from Boton de Oro to be run through the milling facilities at El Bronce.
El Bronce-owned land already surrounds much of the Boton de Oro mine, according to the company, and geologists believe that the same gold veins in El Bronce extend to the other mine. , DataTimes
Thank you for visiting Spokesman.com. To continue reading this story and enjoying our local journalism please subscribe or log in.
You have reached your article limit for this month.
Subscribe now and enjoy unlimited digital access to Spokesman.com
Unlimited Digital Access
Stay connected to Spokane for as little as 99¢!
Subscribe for access
You have reached your article limit for this month.
Subscribe now and enjoy unlimited digital access to Spokesman.com
Unlimited Digital Access
Stay connected to Spokane for as little as 99¢!
Subscribe for access
Oops, it appears there has been a technical problem. To access this content as intended, please try reloading the page or returning at a later time. Already a Spokesman-Review subscriber? Activate or Log in