CINRO RESOURCES INC. SIGNS LETTER OF INTENT TO ACQUIRE 52,000 ACRES OF PROPERTY LOCATED IN THE CUYUNI MINING DISTRICT.
TORONTO, CANADA, June 4, 2013 – Cinro Resources Inc., (the “Company” or “Cinro”) a Canadian exploration company dedicated to the exploration of precious metals and Gold deposits in Guyana, South America today signed a Letter of Intent (LOI) to acquire 52,000 acres of Property located in the Cuyuni mining district area. “An exciting new era of exploration and development is currently taking place in Guyana. Cinro intends to be an important participant”, says Cinro‘s CEO Roy Singh.
Location of Cinro’s properties are along the same trend as Sandspring Resources Inc, which has reported resources of 9.8Moz, Cinro’s property also shares concessions with Guyana Goldfields Inc., which has reported resources of 6.8Moz. Cinro’s properties are approximately 80km from Aurora and 40km from toroparu.
Cinro intends to conducts its own technical due diligence in the coming months and then with consultation with its Geologist and Technical staff,
develop a plan to further advance these
properties in the early part of 2014.
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