22
Jul
17:30
Ero Copper signs Brazilian copper project earn-in agreement
Canadian miner Ero Copper has signed an earn-in agreement with Salobo Metais, a subsidiary of Vale Base Metals (VBM), for the Furnas copper project.
Located in the Carajás Mineral Province in Pará State, Brazil, it covers 2,400 hectares. Initial drilling has revealed intercepts grading between 10.20% and 0.88% of copper.
Under the deal, Ero will earn a 60% interest in the project by funding an exploration and engineering work programme, Kallanish re…
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