Plata Latina Announces Fresnillo to Purchase Naranjillo NSR for $8,610,000
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Fresnillo plc has exercised its right to purchase a 3% net smelter return on the Naranjillo property from Plata Latina Minerals Corporation for $8.61 million. This transaction highlights the success of Plata Latina's exploration at Naranjillo.
February 27, 2025 | 1:15 pm
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Fresnillo plc has acquired a 3% net smelter return on the Naranjillo property from Plata Latina for $8.61 million, indicating a strategic investment in the property.
The acquisition of the NSR by Fresnillo plc suggests a positive outlook on the Naranjillo property, potentially boosting investor confidence and stock price in the short term.
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RELEVANCE 80