The mining newspaper for Alaska and Canada's North

Wheaton advances Kutcho feasibility funds

North of 60 Mining News – April 6, 2018

Kutcho Copper Corp. April 4 said it has received a US$3.5 million advanced payment from Wheaton Precious Metals Corp., the first payment of US$7 million under an August 2017 precious metals purchase agreement between Kutcho and Wheaton.

Under this agreement Wheaton will pay Kutcho US$65 million for up to 100 percent of the payable silver and gold production from the Kutcho copper-zinc-silver-gold...

 

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