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).
