Cosigo Resources Ltd. to begin talks with AMECA BVI for Joint Venture on Damian Property NEX: CSG:H
Cosigo Resources Ltd. to begin talks with AMECA BVI for Joint Venture on Damian Property
NEX: CSG:H
VICTORIA, April 7, 2022 - Cosigo Resources Ltd. will begin talks in the next 6 months with AMECA Mining
BVI out of Mahoe Bay, BVI in hopes of renewing a previous agreement to work together on the Damian
property in Cauca province of Colombia. Cosigo and AMECA had initially planned on working together
starting in October of 2020 to commence further gold exploration activities on the Damian property.
AMECA Mining BVI would earn up to 80% of the JV by spending CAD$1.5 million over two years. Cosigo
would also retain a 3% NSR with a buyout of CAD$1 million. However the pandemic delayed any
activities from being initiated and the agreement was stalled. Cosigo believes activities could be
renewed and is eager to resume talks in the next six months to finalize the agreement and extend any
terms as needed.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility of the adequacy or accuracy of this release.
On behalf of the Board of Directors
Cosigo Resources Ltd.
Andy Rendle
Director & COO