TORONTO, March 29, 2019 /CNW/ -
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About Chilean Metals Inc. (TSXV: CMX)
Chilean Metals Inc. is a Canadian Junior Exploration Company
focusing on high potential Copper Gold prospects in Chile & Canada.
Chilean Metals Inc is 100% owner of five properties comprising
over 50,000 acres strategically located in the prolific IOCG ("Iron
oxide-copper-gold") belt of northern Chile. It also owns a 3% NSR royalty interest
on any future production from the Copaquire Cu-Mo deposit, recently
sold to a subsidiary of Teck Resources Inc. ("Teck"). Under the
terms of the sale agreement, Teck has the right to acquire one
third of the 3% NSR for $3 million
dollars at any time. The Copaquire property borders Teck's
producing Quebrada Blanca copper mine in Chile's First Region.
Chilean Metals Inc is the 100% owner of five Copper Gold Cobalt
exploration properties in Nova
Scotia on the western flank of the Cobequid-Chedabucto Fault
Zone (CCFZ); Fox River,
Parrsboro, Lynn, Economy and Bass River North respectively. It
has also optioned two additional projects Trident at Bass River and Economy East. Chilean Metals is
exploring, analyzing and drilling these properties in the summer of
2018.
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets
and clearinghouses for multiple asset classes including equities
and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX
Alpha Exchange, The Canadian Depository for Securities, Montréal
Exchange, Canadian Derivatives Clearing Corporation,
Trayport and other TMX Group companies provide listing
markets, trading markets, clearing facilities, depository services,
technology solutions, data products and other services to the
global financial community. TMX Group is headquartered in
Toronto and operates offices
across North America (Montréal,
Calgary, Vancouver and New
York), as well as in key international markets including
London, Beijing and Singapore. For more information about TMX
Group, visit our website at www.tmx.com. Follow TMX Group on
Twitter: @TMXGroup.
SOURCE TMX Group Limited