SMC increases Chile footprint

BUDDING Chilean gold and copper miner SMC Gold has picked up an option over copper resources north of Santiago and near a processing plant it is in the process of acquiring and developing as a 70,000 ounce per annum gold project.

SMC increases Chile footprint SMC increases Chile footprint SMC increases Chile footprint SMC increases Chile footprint SMC increases Chile footprint

The option over the Dalmacia project sees SMC able to acquire non-JORC resources of 4.8 million tonnes grading 1.32% copper and reserves of 3.7Mt at 1.39% copper for US$1 million.

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