Brief: Desert Star enters $65 mln Precious Metals Purchase Agreement with Wheaton Precious Metals

Kutcho Copper

10/08/2017 21:02

Aug 10 (Reuters) - Desert Star Resources Ltd  DSR.V  
    * Desert Star announces US$65 million Precious Metals 
Purchase Agreement with Wheaton Precious Metals; extends 
agreement with Capstone 
    * Desert Star - Wheaton to pay $65 million for up to 100% 
of payable silver production, up to 100% of payable gold 
production from Kutcho Cu-Zn-Ag-Au project 
    * Desert Star-under terms of proposed PMPA, co to be 
advanced US$7 million as early deposit with payments to be used 
to fund feasibility study expenditures 
 
Source text for Eikon:  ID:nCCNpD7yba  
Further company coverage:  DSR.V  
 
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