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Halcones Announces Carachapampa Option Payment

Provided By GlobeNewswire

Last update: Jul 10, 2023

TORONTO, July 10, 2023 (GLOBE NEWSWIRE) -- Halcones Precious Metals Corp. (TSX – V: HPM) (the “Company” or “Halcones”) announces that its wholly-owned subsidiary, Minera Los Halcones SpA, has made the scheduled option agreement payment pursuant to the option agreement (the “Option Agreement”) to maintain its option to acquire the Carachapampa project (the “Project”). As previously announced, Halcones and the optionor agreed to extend the deadline to make the next payment of USD$200,000 from April 7, 2023 to July 7, 2023 (Please see Halcones’ news release dated April 4, 2023). The extension enabled additional time for the Halcones technical team to fully evaluate the results of the recent 7 hole (1,526 m) drill campaign. With the additional analysis now complete, Halcones has paid the scheduled amount in full.

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