Santa Fe Metals to Sell 40% Interest in Cuatro Cienegas Property for US$5million
Santa Fe Metals Corp. (TSX VENTURE:SFM) reported that it has entered into a binding Memorandum of Understanding with Tahoe Resources Group LLC of Reno, Nevada, USA whereby the Company has agreed to sell and TRG has agreed to buy 40% of the Cuatro Ciénegas Project for US$5.0 million.
The news is quoted saying:
Santa Fe Metals Corp. is a diversified base and precious metals explorer with near-term copper production plans on its Cuatro Ciénegas property. The Company is focusing its exploration efforts on the prolific Mexican gold, silver and CRD belts (silver, lead, zinc, copper).
Click here to access the entire press release
Click here to access Santa Fe Metals Corporate Site
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Wed, Jun 2, 2010
Post by Mike Rodger, Lead Reporter