Peruvian Metals Reports that IAMGOLD Has Commenced Drilling on the Mansa Musa Gold-Silver Project in Southern Peru
TORONTO, ON / ACCESSWIRE / November 27, 2018 / Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company”) is pleased to announce that IAMGOLD Peru SA, a subsidiary of IAMGOLD Corporation, (collectively “IAMGOLD”) has commenced drilling on its Mansa Musa High Sulphidation Au-Ag project in Southern Peru. Peruvian Metals and IAMGOLD entered into an option agreement in December, 2017, allowing IAMGOLD to earn up to 75 per cent in three stages by completing cumulative cash payments totalling $500,000 (U.S.), delivering a prefeasibility study, and by securing project financing. The details of the earn-in can be reviewed on the Company’s website at https://test.peruvianmetals.com/minasnioc/. An initial program comprising approximately 2,350 metres of diamond drilling in six holes has