February 26, 2018 / 2:14 PM / 7 months ago

BRIEF-Mirasol Signs A Letter Agreement With Newcrest Mining

Feb 26 (Reuters) - Mirasol Resources Ltd:

* MIRASOL SIGNS A BINDING LETTER AGREEMENT WITH NEWCREST MINING FOR A JOINT VENTURE ON THE ZEUS GOLD PROJECT IN CHILE

* NCM WILL SPEND A MINIMUM OF US$1.5 MILLION AT ZEUS OVER AN INITIAL 18-MONTH PERIOD

* NCM HAS RIGHT TO ACQUIRE UP TO 80% OF ZEUS PROJECT BY COMPLETING A SERIES OF MILESTONES, MAKING STAGED OPTION PAYMENTS TO CO OF $1 MILLION​ Source text for Eikon: Further company coverage:

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