Medinah Mining Chile Announces Acceptance of a Joint Venture Offer
10 Junho 2014 - 3:15PM
Business Wire
Medinah Minerals, Inc. (Pink Sheets: MDMN) today announced that
its Chilean subsidiary, Medinah Mining Chile, has accepted a joint
venture offer with regard to the Altos de Lipangue group of claims
in Chile.
Medinah Minerals, Inc. officials will travel to Peru and Chile
on June 23 to meet and perform due diligence as to the joint
venture terms and conditions, and to determine timeline exploration
development responsibilities of the respective parties. These steps
will be undertaken to legalize the contract in compliance with
Peruvian and Chilean mining laws.
Medinah Minerals, Inc. board member Jose Roberto de Romana Letts
disclosed that he is an affiliate of the joint venture entity in
question and recused himself from these negotiations.
A report of the final agreement details will be released
subsequent to the visits to Peru and Chile.
Additional company information is available at
www.medinah-minerals.com.
On behalf of the Board of Directors,
Juan Jose Quijano FernandezChairman/President - Medinah
Minerals, Inc.
South American Mining MediaRoberto de Silva,
702-727-8235Roberto@southamericanminingmedia.comhttp://www.medinah-minerals.com
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