Medinah Minerals (MDMN) - 2017 Q1General Discussion

[easymillion]

Pegaso Nero news? There has been no news other than the mention at the Informational Meeting:
CHG posted this as reported at the meeting:

Continuing the discussion from October 1st, 2016 Informational Meeting News:

@cornhuskergold

C. The Pegaso Nero has the interest of 3 major companies, one of them being Freeport McMoran (the other 2 being “as big or bigger” than FM, but remained unnamed). Auryn expects / hopes to negotiate a JV deal for the PN hopefully as soon as Q1 2017. It will be a “standard” deal where the JV partner spends money to gain percentage of ownership, probably in 2 or 3 stages ending potentially in a PFS for the PN. Altogether it could be 7 to 10 years from JV to production should the PN be economic.

The Alto de Lipangue property is too large to develop without bringing in partners, IMO:

For now, the Pegaso Nero is an exploration target.

Altos de Lipangue Area – Property Consolidation and Expansion of Exploration...