{"id":1159233,"date":"2020-01-10T08:15:08","date_gmt":"2020-01-10T14:15:08","guid":{"rendered":"https:\/\/www.mining.com\/?p=1010932"},"modified":"2020-01-10T08:15:08","modified_gmt":"2020-01-10T14:15:08","slug":"rio-silver-peruvian-metals-to-explore-au-ag-cu-project-in-peru","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1159233","title":{"rendered":"Rio Silver, Peruvian Metals to explore Au-Ag-Cu project in Peru"},"content":{"rendered":"<p>Peruvian Metals (TSXV: PER) and Rio Silver (TSX.V: RYO) signed a memorandum of understanding to jointly explore the Palta Dorada Au-Ag-Cu property by initially conducting a detailed sampling and mapping program along with a bulk sampling campaign and processing the mineral at Peruvian Metals&#8217; majority-owned Aguila Norte processing plant.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>In a press release, the Canadian companies explained that the MOU establishes a joint effort to explore and develop the property and that any sales from metal concentrate produced from the bulk sampling activity will be shared between both of them. <\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>Limited surface mapping and sampling has identified several oxide Au-Ag veins hosted in granodioritic rocks at Palta Dorada<\/p>\n<\/blockquote>\n<\/figure>\n<p>&#8220;In addition, all operational expenses related to the bulk sampling will also be shared between the companies,&#8221; the media brief states. &#8220;Peruvian Metals&#8217; 80%-owned plant will charge the joint effort commercial mineral processing rates on a similar basis to its other clients for processing the bulk samples.&#8221;<\/p>\n<p>According to the miners, Peruvian Metals will also have the option to earn a 50% ownership in the property. Equal ownership will occur once the Toronto-based firm has matched Rio Silver&#8217;s acquisition price of $250,000 by assuming all capital and exploration expenditures. <\/p>\n<p>The Palta Dorada Au-Ag-Cu property is located in the Ancash Mining Department in northern Peru and covers an area of approximately 1200 hectares.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian miners are splitting responsibilities at the Palta Dorada property in Ancash.<\/p>\n","protected":false},"author":92,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[43],"class_list":["post-1159233","post","type-post","status-publish","format-standard","hentry","category-miningcom","tag-exploration"],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1159233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1159233"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1159233\/revisions"}],"predecessor-version":[{"id":1159273,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1159233\/revisions\/1159273"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1159233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1159233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1159233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}