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Newrange Gold adds to portfolio by acquiring Coricancha Mine in Central Peru

Newrange Gold adds to portfolio by acquiring Coricancha Mine in Central Peru

Newrange Gold CEO Robert Archer joined Steve Darling from Proactive to share news the company has signed a Letter Of Intent to acquire the Coricancha Gold-Silver-Copper-Lead-Zinc Mine in Central Peru. Archer telling Proactive Coricancha is a high-grade, narrow-vein, gold-silver-copper-lead-zinc underground mine and sits about 90 kilometres east of Lima. The project has a 600 tonne per day processing plant, dry-stack tailings storage facility and all necessary surface and underground infrastructure. The mine was in production intermittently from 1906 - 2013 and has been on care-and-maintenance since