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Property Status
- Agreement Terms
(last updated on 09/08/2009)
Under the terms of the option-joint venture agreement signed by Mansfield Minerals Inc (Mansfield) and Planet Ventures Inc (predecessor to Antares which is the parent company to Minera Antares Argentina S.A.) on June 30th, 2004, In September of 2007, Antares Minerals completed its US$3,375,000 vesting obligations to earn its 50% interest and operatorship in the Rio Grande project. In 2008, Mansfield Minerals successfully spun their 50% interest in the Rio Grande project, along with several other minor projects, into a new TSX Venture listed company called Pachamama Resources. At the time of this writing the final details of the official joint venture agreement between Antares Minerals and Pachamama Resources were being completed. Once the final JV agreement has been signed the details will be posted here.
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