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Tesoro Minerals (NNGVF) completed the acquisition of 100% of the Rumichaca and Cerro Macho gold exploration properties from Globetrotters, effective March 23, 2026. Consideration: 1,425,000 common shares at C$0.08 (aggregate C$114,000) plus a 2% NSR, with a repurchase right for 1% NSR at US$1,000,000 prior to a feasibility study.
Both Peru projects show alteration consistent with high-sulphidation epithermal and porphyry systems. Initial work: mapping, ~60 line-km IP/magnetic surveys, and drilling-target definition. Program budget ~CDN$300,000. Transaction has conditional TSXV approval.