Mantaro Precious Metals Corp. (TSXV:MNTR) agreed to acquire a 51% in the share capital of Minera Golden Hill S.R.L. for $0.5 million on August 25, 2022. the Company issued a total of 2,000,000 common shares and 1,000,000 share purchase warrants, made cash payments $0.5 million.

Mantaro Precious Metals Corp. (TSXV:MNTR) cancelled the acquisition of a 51% in the share capital of Minera Golden Hill S.R.L. on August 28, 2023. Mantaro Precious Metals Corp. received a notice of termination from Luis Fernando Kinn Cortez (the "Optionor") terminating the option agreement dated August 23, 2021 (the "Option Agreement") among the Company, Mineral Golden Hill S.R.L. ("MGH") and the Optionor. Under the terms of the Option Agreement, the Company had the right to earn up to an 80% interest in the Golden Hill Property. Concurrent with the delivery of the notice of termination, Mr. Kinn Cortez also resigned as a director of the Company. Under the Option Agreement, the Company will retain a 2% net smelter royalty on the Golden Hill Property, which may be repurchased by MGH with a one-time payment of $1million.