Deal #3578

Location #1

Spatial accuracy level
Administrative region
Location
San Pedro, Paraguay

Target country
Paraguay

Land area

Size under contract (leased or purchased area, in ha)
[2013] 220000
Comment on land area
Since 2008, the Company has acquired approximately 220,000 hectares of diamond prospects, the majority of which represents a large contiguous property.

Intention of investment

Intention of investment
Mining

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2008] Concluded (Contract signed)

Implementation status

Implementation status
[2013] Startup phase (no production)

Operating company

Name of investment project
Itapoty Diamond Project

 

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Data source #1

Data source type
Company sources
File
Date
2013-01-01

Data source #2

Data source type
Company sources
File
Date
2013-01-01

Data source #3

Data source type
Media report
File
Date
2013-01-01

Detailed crop, animal and mineral information

Resources area
Diamonds

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
The Itapoty Project is a prime diamond exploration opportunity with multiple prospective zones for diamond- bearing kimberlites. The combination of Olivut’s technical ability and Latin American Mineral’s in-country experience and infrastructure represents a strong operating group to completely explore this significant project.

April 6, 2016, 5:24 p.m.

overwritten

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July 18, 2013, 11:12 p.m.

overwritten

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April 14, 2013, 9:50 p.m.

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