Canadian Karmin Exploration to invest $5 million in Cushuro gold mine in Peru

Canada’s Karmin Exploration plans to invest $5 million in its Cushuro gold project, Peru, said its president David Brace.

According to America Economia, the junior miner said it is awaiting a social license to start the exploration and that, for Karmin, the permit is extremely important, since without the local communities consent, they wouldnt start exploring for gold.

To date, Karmin Exploration has invested approximately $200,000 in the project, the first one the company has in Peru.

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