Ranchero Gold Corp. announces that it has signed a Letter of Intent for a US$500,000 working capital loan from American PT Metals LLC. through its wholly owned subsidiary Mexico Minerales y Metales Earth S.A. de C.V.
“We are encouraged by the drill results at Guanacevi, as we continue to delineate high grades in areas which are proximal to the mill and historic working areas. The results announced today demonstrate both growth and steady improvement of the deposit and mine plan,” stated Dan Dickson, Chief Executive Officer.
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