Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Friday, November 15, 2019  Spokane, Washington  Est. May 19, 1883
Rain 38° Rain
News >  Nation/World

Minera Adds Mine To Its Portfolio

By From Staff And Wire Reports

Spokane-based Minera Andes Inc. Tuesday purchased a new gold mine in Argentina, adding to its growing profile of potential mines there.

The 12,350-acre Arroyo Nuevo land package will be the target of aggressive drilling by Minera, according to the company. The location is easy to access and should allow year-round drilling.

The company negotiated with landowners for over a year to secure the four-year option-to-purchase agreement.

Minera hunts for copper and gold deposits primarily in Argentina, which remains relatively unexplored for mineral resources.

With Arroyo Nuevo, Minera now controls 35 properties covering about 700,000 acres of mineral concentrations in Argentina.

, DataTimes

Subscribe to the Morning Review newsletter

Get the day’s top headlines delivered to your inbox every morning by subscribing to our newsletter.

You have been successfully subscribed!
There was a problem subscribing you to the newsletter. Double check your email and try again, or email