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Article: Brazil : Brazauro to Acquire Agua Branca Property in Brazil from Talon Metals Corp.
- Article from:
- TendersInfo
- Article date:
- September 11, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
Brazauro Resources Corporation (TSX VENTURE:BZO) has entered into a non-binding Letter of Intent with Talon Metals Corp. ("Talon") to acquire the Agua Branca property (the "Property") from Talon's Brazilian subsidiary. The contemplated transaction remains subject to approval by the board of directors of Talon. Agua Branca consists of approximately 9,356 hectares of Exploration Licenses in the Tapajos region of Para State, Brazil.
The Agua Branca property is one of the largest and oldest alluvial and hard rock garimpos, or informal mining camps, in the Tapajos mineral province. The Property is located approximately 35 kilometers south of ...