International news within the industry of mining and metal, Jun, 25 2018
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Canadian gold miner to expand to Chilean copper industry

Photo: Darien Resources Development
Photo: Darien Resources Development
Published by
Jaroslaw Adamowski - 05 Mar 2018

Canadian miner Darien Resource Develop-ment has unveiled plans to expand to Chile’s copper industry.

 

The company said in a statement “it has entered into an agreement … to acquire a 100% interest in the Cristal project … located in northern Chi-le.”

 

“The Cristal project is highly prospective for the discovery of a buried porphyry copper deposit in a region and geologic setting well known for hosting some of the world’s most prolific copper mines,” said Grant Ewing, the company’s president and CEO. “Darien intends to further fo-cus on opportunities in Chile.”

 

Darien says that the project is located in a Chilean region with excellent access and infrastructure, and noted for the occurence of world class copper deposits.

 

Based in Vancouver, Canada, Darien is also planning to change its na-me to New Energy Metals Corp., according to the statemen