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Article: Aquiline Completes Purchase of Pico Machay Gold Project.
- Article from:
- Marketwire Canada
- Article date:
- October 7, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. 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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TORONTO, ONTARIO, Oct 7, 2009 (Marketwire via COMTEX) -- Aquiline Resources Inc. ("Aquiline" or the "Company") (TSX:AQI) is pleased to announce the closing of the previously announced purchase of all of the right, title and interest held by Monterrico Metals PLC ("Monterrico"), in the Pico Machay gold project in Peru (the "Pico Machay Gold Project"). The Pico Machay Gold Project is a high-sulphidation gold deposit located in the Huancavelica Province of Peru. Pico Machay contains an inferred resource of 437,000 ounces of gold in oxide and mixed zones and a further 146,000 ounces in sulfide zones, as stated in the technical report dated October 27, 2006 entitled ...