Tosca Mining announces that it has successfully renegotiated its 5 year option agreement to purchasethe Red Hills Molybdenum/Copper project located in Presidio County. Under the renegotiated terms, Tosca has reduced its annual option payment to the vendors down from $800,000 US to $300,000 US in 2012 and each of the subsequent two years. This defers $1,500,000 US in payments until, May 01, 2015, or a production
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