INV Metals Inc. on Jan. 30 said it was awarded the mining titles to two additional greenfields exploration projects in Ecuador: the 10,071-hectare Tierras Coloradas project and the 3,205-hectare La Rebuscada concession.

The company believes that both Tierras Coloradas and La Rebuscada host highly prospective epithermal gold and silver targets, and the acquisition of the new titles is in line with INV's strategy to acquire prospective exploration properties within Ecuador.

INV also recently secured the mining title to the Las Penas project in Ecuador, located about 20 kilometers to 40 kilometers north of INV's Loma Larga gold project.