Southwestern and Vale Sign Option Agreement for Antay Project

Southwestern Resources Corp. announce that its wholly owned subsidiary has entered into an option agreement with Vale Exploration Peru S.A.C., a subsidiary of Companhia Vale do Rio Doce, respecting Southwestern’s 100% owned Antay copper-molybdenum project, located in southern Peru. Under the terms of the Agreement, Vale has the option to earn a 51% interest in the Antay Project by making cash... 

Southwestern Signs Letter of Intent and Private Placement With Hochschild Mining

Southwestern Resources Corp. announce that it has entered into a Letter of Intent with Hochschild Mining Holdings Limited, a subsidiary of Hochschild Mining plc, to jointly explore for new base and precious metal deposits in southern Peru and which also provides for a strategic investment by Hochschild in the Company’s common shares. Under the terms of the LOI, Southwestern and Hochschild will... 

Southwestern Resources Corp.: New Liam Joint Venture Partner

Southwestern Resources Corp. announce that Hochschild Mining plc has acquired Newmont Mining Peru Limited’s direct and indirect 50% interest in the Liam Regional Joint Venture and certain other related assets for total consideration of US$33.3 million cash. As a result of the transaction, Southwestern and Hochschild will be 50/50 partners in the Liam Joint Venture. Pursuant to the terms of the... 

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