Tenke seeks funds for Argentine work

Lundin-led Tenke Mining (TNK-T) has arranged a brokered private placement with Pacific International Securities to sell up to 850,000 shares priced at 90 cents each.

The $765,000 in proceeds will be used, in part, to fund exploration of the early-stage Vicuna gold project in Argentina’s San Juan province. Geophysics and geochemical sampling are already under way.