AbraPlata Resource Corp. (TSX.V: ABRA) (OTCQB: ABBRF) yesterday said that it has entered into a non-exclusive agreement with Red Cloud Klondike Strike, Inc. Per the non-exclusive agreement, Red Cloud will provide capital markets advisory services to the company. “Retaining an experienced and dynamic advisory team so early in the evolution of AbraPlata’s history is a key step in the process of developing strategic opportunities and market exposure that will help create real value for the Company’s shareholders,” AbraPlata executive chairman Hernan Zaballa stated in the news release.
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AbraPlata is a junior mining exploration company focused on delivering shareholder returns by unlocking mineral value in Argentina. The company’s experienced management team has assembled an outstanding portfolio of gold, silver and copper exploration assets, and is focused on advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property. For more information about the company, visit www.abraplata.com
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