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Cotopaxi (province) |
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Cotopaxi
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TSX VENTURE:LGO) is pleased to provide an update of its activities and to announce the signing of an agreement to acquire an additional property adjoining the Company's Macuchi Property in the Cotopaxi Province, Ecuador. The Company is pleased to announce that upon a final payment of USD$250,000 due May 15th, 1997, the Company will have met its obligations to earn a 50 percent operating interest from Compania Minera Gribipe in the Macuchi and Cotopaxi concessions comprising 30,000 hectares which are located in the Macuchi -- LaPlata volcanogenic massive sulfide (VMS) belt in Cotopaxi province, Ecuador. LA ENVIDIA: Complete drill results are still pending from a recently completed eleven hole drill program at the La Envidia project in Cotopaxi Province. |
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