Five-year Exploration Agreement With Tassa Community
Summary
Patriot Resources has secured a five-year Land Access Agreement with the Tassa Community in Peru, allowing for surface exploration and drilling activities. This agreement covers the Tassa Silver-Gold Project, which includes an Inferred Mineral Resource Estimate and an Exploration Target. The agreement strengthens Patriot's relationship with local communities and supports its focus on silver and gold exploration in Peru.
Investor Highlights
Extracted from the company announcement. This is not financial advice.
- Five-year agreement with Tassa Community for exploration activities.
- Covers Tassa Silver-Gold Project with 31.4Moz AgEq Inferred Resource.
- Exploration Target of 774-559Moz AgEq from 422-359Mt.
Key Points
- Five-year Land Access Agreement signed with Tassa Community.
- Agreement covers surface exploration and drilling activities.
- Includes Tassa Silver-Gold Project with Inferred Mineral Resource Estimate.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Moderate Detail — The announcement includes technical details about mineral resources and exploration targets.
Share Price Reaction
Following the announcement, the share price moved from $0.0560 to $0.0510 over five trading days, representing a decreased of 8.9%.
- Price at announcement: $0.0560
- 1 day change: -1.79%
- 5 day change: -8.93%
- 30 day change: -21.43%
Share price data may be delayed.
Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice. Investors should refer to the original announcements and seek professional advice where appropriate.
