Business
Miranda and Prism Agreement Effective for Cerro Oro Project, Colombia
Miranda and Prism Agreement Effective for Cerro Oro Project, Colombia Vancouver, Bri...
About this update from Outcrop Silver & Gold Corporation
[{"type":"text","content":"Miranda and Prism Agreement Effective for Cerro Oro Project, Colombia \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc;\n\t\t\t\tmargin-left: 2em;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em;\n\t\t\t}\n\t\t\t\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px;\n\t\t\t\t\t-webkit-margin-before: 0px;\n\t\t\t\t\t-webkit-margin-after: 0px;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t } \n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\t\t\t\n\t\t\t \n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\t\t\t \n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\t\t\t \n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\t\t\t \n\t\t\t \n\t\t\t H1.nr-head {font-family: Trebuchet MS;\n\t\t\t \t\tfont-size: 16pt;\n\t\t\t \t\tcolor: #3D86C6;\n\t\t\t \t\tfont-weight:bold;\n\t\t\t \t\ttext-align:center;\n\t\t\t }\n\t\t\t \n\t\t\t H2.nr-sub-head {font-weight: bold;\n\t\t\t \t\tdisplay: block;\n\t\t\t \t\ttext-align: start;\n\t\t\t \t\tfont-family: Arial;\n\t\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\t\t \n\t\t\t .nr-body a { font-size: 11pt; \n\t\t\t }\n\t\t\t \n\t\t\t TABLE { width: auto!important; \n\t\t\t }\n\t\t\n\t\t Miranda and Prism Agreement Effective for Cerro Oro Project, Colombia\n Vancouver, British Columbia (FSCwire) - Miranda Gold Corp. (\"Miranda\") (TSX-V: MAD) and Prism Resources Inc. (“Prism”) (NEX:PRS.H) are pleased to announce that further to the press release dated April 2, 2014, the agreement with Prism is now effective and Prism issued Miranda 200,000 common shares, and reimbursed Miranda US$90,000 that were paid by Miranda to the underlying leaseholder.  Prism will be obligated to fund exploration related expenditures of US$4,000,000 to earn a 51% interest and through additional funding can earn an additional 19% for a total interest of 70%.\n\n\n\nMiranda and Prism are developing a minimum $100,000 budget work program for the Cerro Oro project, Colombia that will consist of a combination of mapping, rock chip and soil sampling, trenching and possibly an IP (induced polarization) geophysical survey.  Miranda will act as operator during the initial work program. Prism will additionally fund a NI 43-101 rep...