Collerina selling Chile gold play to Seckold's Santana

NORM Seckold-chaired Santana Minerals is buying the Becker gold project in Chile from the Seckold-chaired Collerina Cobalt because it says the market is not supportive of Santana’s Cuitaboca silver project in Mexico.

Collerina selling Chile gold play to Seckold's Santana Collerina selling Chile gold play to Seckold's Santana Collerina selling Chile gold play to Seckold's Santana Collerina selling Chile gold play to Seckold's Santana Collerina selling Chile gold play to Seckold's Santana

Cuitaboca lacks market support for further drilling.

Santana shareholders appeared not to like the deal, sending the explorer's shares down nearly 30% to 1.2c in afternoon trade, while Collerina's shares were up 9% to 12.5c.