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EHR earns initial 10% stake in La Victoria gold-silver project

EHR Resources Ltd. said Dec. 20 that it completed a 10% earn-in the La Victoria gold-silver project in northern Peru by spending C$2 million on exploration.

The company can acquire up to a 25% stake in the project, owned by Eloro Resources Ltd., by spending a further C$3 million by July 31, 2018. EHR said it is well-funded to meet the additional earn-in requirement.