Josemaria Resources (TSX: JOSE) (OTC: JOSMF), a natural resources company offering an advanced-stage copper-gold deposit project located in Argentina, has made the list of potential acquisitions Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) is considering, according to a “Dear Retail” article (https://ibn.fm/0t0Gf). According to the article, Barrick currently owns a copper mine in Zambia as well as interests in two additional projects, one in Chile and one in Saudi Arabia. However, Barrick’s copper output is relatively small and certainly “no match for copper giants like BHP, Glencore, Freeport-McMoran and Anglo American.” According to the article, titled “Why Barrick Gold (NYSE: GOLD) Could Acquire These Copper-Gold Projects,” Barrick Gold president and CEO Mark Bristow, who joined the company in early 2019, sees a tremendous value in copper. “As gold miners, we’re going to have to take on other assets, and copper is a good thing to own,” Bristow said earlier this year (https://ibn.fm/ZOWhw). “It’s a fantastic asset and very strategic.”
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About Josemaria Resources Inc.
Josemaria Resources is a Canadian natural resources company focused on advancing the development of its wholly owned Josemaria Copper-Gold Project in San Juan Province, Argentina. The company published the results of an independent feasibility study on Oct. 19, 2020, which demonstrates a conventional, robust and rapid pay-back, open-pit copper and gold project. Josemaria is a member of the Lundin Group and a proud partner of the Lundin Foundation. Josemaria is laying the groundwork for best practice in responsible mineral development in Argentina. The company is a reporting issuer in all provinces and territories of Canada, and its corporate head office is in Vancouver, British Columbia. The company’s shares are listed on the TSX and Nasdaq Stockholm under the symbol “JOSE” and trade on the OTCQB under the symbol “JOSMF.” For more information, visit the company’s website at www.JosemariaResources.com.
NOTE TO INVESTORS: The latest news and updates relating to JOSMF are available in the company’s newsroom at https://ibn.fm/JOSMF
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