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| Home : Lago Dourado Terminates Option Agreement on Jauru Project |
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Aug 01
2012 |
Lago Dourado Terminates Option Agreement on Jauru Project |
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TORONTO, ONTARIO--(Marketwire - Aug. 1, 2012) - Lago Dourado Minerals Ltd. (TSX VENTURE:LDM), (the "Company") announced that it has given notice to terminate its option agreement to earn a 70% interest in the Jauru Property located in Mato Grosso, Brazil. Under the agreement the Company was required to make option payments totaling US$800,000 and undertake minimum expenditures of US$2.7 million for the two years ending August 2013. |
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| Source:http://www.marketwire.com/mw/release.do?id=1686058&sourceType=3 |
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