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New Oroperu Resources Inc.

  • Ticker ORO
    Exchange TSX-V More
  • Industry Gold More
  • Sector Basic Materials More
New Oroperu Resources Inc. Logo Image
  • Based in Vancouver, British Columbia
New Oroperu Resources Inc. is a junior exploration company based in Vancouver, B.C., which owns the Tres Cruces gold project in Peru. The Tres Cruces is a 100% Company-owned project, subject to 1½% NSR royalty and subject to an option agreement with Minera Barrick Misquichilca S.A., a subsidiary of Barrick Gold Corporation (“Barrick”). Under the terms of the agreement, in order to exerciseMore its option Barrick must pay for all expenditures up to a production decision. To maintain the option Barrick must pay US$250,000.00 to the Company by May 31st each year until a production decision is made. The Company retains a 30% interest and its share of production costs are financed by Barrick. Additionally, under the agreement New Oroperu retains a 2% NSR royalty of which US$1,000,000 is to be paid in advance at the time of a production decision.
New Oroperu Resources Inc.

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New Oroperu Resources Inc. MOST RECENT 2019 Annual Report

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