October 23, 2014 @ 17:22

On October 14th, 2014, AURYN Mining Chile SpA, submitted a Letter of Intent to SCM Nuoco, and SCM Nuoco accepted it on October 15th 2014, in which AURYN Mining Chile SpA is granted until January 15th 2015 the opportunity to evaluate the Las Dos Marias Project (LDM), including the so called Mambo mining claims.

In order for AURYN Mining Chile SpA to carry out a complete geology and legal due diligence, our team led by our Chief Geologist David Bent will be performing the geological evaluation and Italo Volante will be in charge of performing the legal due diligence.

On or before January 15th 2015, AURYN Mining Chile SpA will submit SCM Nuoco a firm offer for the LDM and Mambo mining claims.