M&A

Peruvian gold priority shift for Cott

FORMERLY Papua New Guinea-focused Cott Oil & Gas has announced a major change in direction, signing a letter of intent to acquire up to 25% of a gold, silver and copper project in Peru for $C5 million in earn-in costs.

Andrew Hobbs
Peruvian gold priority shift for Cott

Cott can earn a 10% stake in the La Victoria project, covering 80.4sq.km in the Huandoval District of Peru’s Ancash department, by spending $2 million by October 30 this year, with Cott and project vendor...

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