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Termination of Option and
Shareholders' Agreement with Gold Fields
Lepanto Consolidated Mining Company, its subsidiary Far Southeast Gold Resources, Inc. (FSGRI), and the Gold Fields group have agreed to terminate the Option and Shareholders’ Agreement dated 20 September 2010 in respect of the Far Southeast Project. The exploration program sole-funded by Gold Fields has resulted in an inferred mineral resource of 19.8 million oz. gold and 4.6 million tons copper. Lepanto intends to find a partner to develop the Far Southeast Project .
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