Wealth Minerals to acquire Andacollo Oro gold project in Chile
Yahoo Finance·2025-09-26 09:23
Wealth Minerals has signed a binding letter of agreement to acquire an indirect 100% royalty-free interest in the Andacollo Oro gold project (AOG project) in Chile. The AOG project is located in the province of Coquimbo and produced 1.12 million ounces(moz) of gold from 1995 to 2018 through an open-pit heap leach operation, before being suspended due to lower gold prices. The location is 60km from the port of Coquimbo and 480km north of Santiago. At its peak, annual production reached 135,000oz in 1999, ...