Minsud Resources is pleased to announce that Minera Sud Argentina S.A., the Company's Argentine indirect subsidiary, has exercised its option to purchase the remaining 35% beneficial interest in the Minas de Pinto Trust, and has become the indirect owner of 100% of the Minas de Pinto property. The Minas de Pinto property represents one of the main properties in the Company's flagship Chita Valley Project. MSA has paid the required sum of US$935,000 to the Minas de Pinto owners representing the price to fully exercise the option, which was settled in Argentinean pesos. On May 7, 2010, the Company, through MSA, entered into an Exploration Agreement including a Purchase Option with the owners of the mining properties identified under the name of Proyecto Minas ...