Sagittarius Capital Corp. (TSXV:SCX.H) enters a Letter of Intent with Alpaca Resources Inc. to acquire all of the issued and outstanding securities of Alpaca.
The press release is quoted as saying:
Alpaca is a mineral exploration and development company with advanced and early stage copper and gold exploration properties, primarily in the Western United States. Alpaca’s copper portfolio consists of the Hill Copper and Troy Ranch projects in Arizona. Alpaca’s gold portfolio consists of the Iron Butte project in Nevada and the Pataz project in the Peru.