BRIEF-Avanco Resources says co to acquire gold project

jueves 6 de octubre de 2016 18:21 GYT

Oct 7 (Reuters) - Avanco Resources Ltd

* Avanco to acquire advanced gold project

* Agreement provides avanco with right to earn 20% of Jaguar's 100% interest in Gurupi gold project

* Will pay jaguar aggregate cash fee of us$1.7 million plus additional fee of us$500,000 in cash or shares in Avanco

* Entered into an agreement with TSX-listed Jaguar Mining Inc. (Jaguar) to earn up to 100% of the Gurupi gold project located in Brazil Source text for Eikon: Further company coverage: