Here here. Keep eyes on the ball.
MNC will be technically smart in advancing Miraflores to permitting / development.
But big near term game will be exploration of total Quinchia Project, especially immediately following up Tesorito, a plum target, large surface anomaly covers 500 x 700m, with all three current holes - the only holes so far - carrying long widths of economic grades, starting near surface, and all three ending in mineralisation.
And MNC will 1/ talk with Batero about joint dev’t of Dosquebradas and 2/ clarify Chuscal ownership. This tenement, which carries a major surface anomaly, should have been transferred by Anglo as part of deal but wasn’t.
Thus MNC talk of plus 10moz potential for Quinchia, potential which will be clarified relatively quickly, alongside progression of Miraflores mine development.
Meanwhile Calatos deal will happen when it’s ready. Key issue is MNC cuts deal giving Company meaningful long term exposure to development / exploration there. And advancing Colombia buys space to achieve this.
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