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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.
4.8 / 5.0 (130)

New Oroperu Resources Inc. reports have an aggregate usefulness score of 4.8 based on 130 reviews.

New Oroperu Resources Inc.

Most Recent Annual Report

New Oroperu Resources Inc.
MOST RECENT 2019 Annual Report

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