Miramont Resources Corp. (CSE: MONT) (“Miramont” or the “Company“) is pleased to announce that it has concluded a definitive land access agreement for its Cerro Hermoso project in Peru with the Caluta Community. The agreement, together with existing agreements with five private landholders in the area, allows Miramont full access to conduct exploration activities, including drilling, for a five-year period.
Miramont is in the final stages of planning for an initial 5,000 meter drill program to test its three priority targets at Cerro Hermoso. Geophysical contractors will complete all data collection (IP and Magnetometry) by the end of the month. That information will be incorporated into Miramont’s geologic model for final drill hole selection. For further information on the Cerro Hermoso project, please see Miramont’s January 10, 2018 News Release.
Bill Pincus, Miramont’s President and CEO, said, “Modern mineral exploration demands cooperative agreements among all stakeholders in a project. We are happy to have established a constructive relationship with the Caluta Community and look forward to working with them in the future. This is an important milestone for the exploration of Cerro Hermoso which we will begin drilling in the near future.”
National Instrument 43-101 Disclosure
The technical content of this news release has been reviewed and approved by Mr. William Pincus, CPG, President and CEO of Miramont and a Qualified Person as defined by National Instrument 43-101.
About Miramont Resources Corp.
Miramont is a Canadian based exploration company with a focus on acquiring and developing mineral projects within prospective belts of South America. Miramont’s key assets are located in southern Peru. The Cerro Hermoso property hosts a large mineralizing system targeting gold, copper – polymetallic mineralization, while the Lukkacha property is targeting porphyry copper mineralization.
On behalf of the Board of Directors,
MIRAMONT RESOURCES CORP.
William Pincus, President and CEO
For more information, please contact the Company at:
Telephone: (778) 968-8494
Facsimile: (604) 815-0770
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