The NI 43-101 Technical Report – January 2013 (now published on Sedar) proves that Lumina again acquired additional mineral concessions (“through a combination of purchases from third party owners, lotteries, and staking”).
NI 43-101 Technical Report
Properties – Total – in Ha
Note: “All exploration concessions (cateos) will have to be converted to mine properties (minas) in 2013 and 2014”
As compared to mineral concessions held in December 2011 (only the Taca Taca copper/gold/molybdenum Deposit – 2,559.96 Ha), the current total of mineral concessions (63,853.23 Ha) corresponds to a substantial increase.
I am not aware about any official communication from LCC Management concerning the purpose of those additional mineral concessions.
IMHO the following comments and assumptions are to be considered:
Any comments ?