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Sable Resources Ltd. and Moxico Resources plc Sign Agreement for El Fierro Project and Cerro Negro Property in Argentina
Contract Type
agreement
VancouverOtherDescription
Sable Resources Ltd. and its subsidiary, Sable Argentina S.A., have signed a binding letter agreement with Moxico Resources plc, granting Moxico an exclusive option to acquire 51% of the El Fierro Project and Cerro-Negro Property in the San Juan Province, Argentina. The agreement outlines the exploration and expenditure terms for Moxico to earn up to 51% ownership of the projects, with the potential to increase ownership to 70% through a feasibility study.