M&A

Newcrest's tier-one hunt gains pace

Newcrest Mining (AU:NCM) is on a South America buying spree, signing a second Chilean farm-in with Mirasol Resources (CN:MRZ) as well as investing in a Mexico-focused junior.

It is still early into exploration for Mirasol and Newcrest at Zeus in Chile

It is still early into exploration for Mirasol and Newcrest at Zeus in Chile

Newcrest can earn up to 80% of Mirasol's 18,480 hectare Zeus high-sulphidation epithermal gold project.   During the initial option phase, Newcrest will pay US$100,000, spend US$1.5 million in 18 months...

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