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BRIEF-Prospector agrees to acquire gold prospects in Peru from Milpo
April 11, 2017 / 12:21 PM / in 4 months

BRIEF-Prospector agrees to acquire gold prospects in Peru from Milpo

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April 11 (Reuters) - Prospector Resources Corp:

* Prospector agrees to acquire gold prospects in Peru from Milpo

* Prospector Resources Corp - through unit has entered into a mining assignment and option agreement with Compañia Minera Milpo S.A.A.

* Prospector resources - pursuant to deal, unit has right to acquire all rights, interests in 7 gold exploration prospects of about 19,000 hectares in Peru

* Prospector Resources - pursuant to deal, RIO2 is required to incur a total of US$5 million in exploration expenditures on portfolio over 36 month period Source text for Eikon: Further company coverage:

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