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Atlas Minerals opts to archive Ecuador concessions
Posted on June 12, 2008
Atlas Minerals Inc. [TSX-V:AMR] said Thursday in a statement that the majority of its land concessions in Ecuador have been archived as part of a governmental review of the country's mining laws. On Monday, the government implemented a mandate revoking a number of mining industry land concessions. Atlas said the concessions archived were in the application stage and were impacted by the delays. However, the company said that this archiving of applications has not affected its priority concession, Tres Chorreras. The company said it has requested a meeting with government officials to det...
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