Pursuant to an agreement dated March 24, 2017, DNI has granted Cougar Mining NL an option to acquire a 50% interest in mining licence PE38642 by completing an NI 43-101 compliant resource study and Preliminary Economic Assessment. Due to abnormally high rainfall causing delays, Cougar has requested and DNI has granted an extension of October 31, 2017 to complete a NI-43-101 resource study and December 31, 2017 to complete a NI-43-101 PEA.
PE38642 Vohitsara
Will Cougar be given an option to acquire 50% of Marofody.
CGM Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
