North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Desert Star cuts deal to acquire Kutcho, BC

 

Last updated 1/15/2018 at 3:34pm



Desert Star Resources Ltd. June 15 reported that it has signed a definitive agreement to acquire full ownership of Capstone Mining Corp.'s Kutcho copper-zinc-gold-silver project in northern British Columbia.

To acquire Kutcho Copper Corp., the Capstone subsidiary that owns Kutcho, Desert star has agreed to pay C$28.8 million in cash and issue enough shares to provide Capstone with 9.9 percent...



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