Last week, on July 20th Miramont released news an update on the Cerro Hermoso Project in Peru. Unfortunately the Peruvian Ministry of Energy and Mines determined that the Company is not eligible for an automatic approval for its drill permits. This does not make the Company back away from the project but rather delays when the drilling can start.

Bill Pincus, Miramont President and CEO joins me to discuss the steps that are underway to move past this hurtle. We also outline how other companies have fared with the approval process and how much money the Miramont has in the bank.

Click here to visit the Miamont website and find out more information.

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