Friday, May 20, 2016

Regulus Resources Inc. - REG.v

Regulus Resources Inc. - REG.v is advancing the flagship AntaKori Cu-Au-Ag project in northern Peru

The company is also advancing the Rio Grande Cu-Au project in Argentina.

On May 18, 2016 the company released

"Regulus Resources Inc. ("Regulus", REG TSX.V) is pleased to announce that its wholly owned Peruvian subsidiary, Southern Legacy Peru S.A.C. (“SLP-Regulus”), has entered into binding Memorandum of Understanding (“MOU”) agreements with Compañía Minera Coimolache S.A. (“Coimolache”) and Compañía Minera Colquirrumi S.A. (“Colquirrumi”), companies that hold mineral concessions immediately adjacent to, and inter-fingering with, the SLP-Regulus AntaKori copper-gold project in northern Peru.

 These agreements will allow for mutual access, mutual rights of expansion and collaborative exploration of the project area, providing benefit to all three parties.