Argonaut Gold to sell Ana Paula project for $30 million to Heliostar
The companies also entered into an option agreement for Heliostar to acquire 100% of the San Antonio gold project, also in Mexico.
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The companies also entered into an option agreement for Heliostar to acquire 100% of the San Antonio gold project, also in Mexico.
Highlights:Heliostar has entered into definitive agreements with Argonaut Gold to acquire the Ana Paula Gold Project and option the San Antonio Gold Project in Mexico.Ana Paula is permitted for an open
Argonaut Gold’s sale of Ana Paula project falls through The Ana Paula project is located in the north central part of the State of Guerrero in southern Mexico. Credit: Timmins Gold. Argonaut Gold (TSX: AR) has reported that the sale of its Ana Paula gold project in Mexico, approximately 180 km south of Mexico City, has fallen through as the purchasing company, AP Mining, could not fulfil its financial and certain regulatory and other approvals. Argonaut’s president and CEO Peter Dougherty stated in a press release that “after extending the agreement once already, we feel we are better ...