AngloGold Back-in Expires; Clears Way for Discovery

DANIEL EARLE, Newcrest, TD Securities (03/23/2011)
"Extorre announced that Cerro Vanguardia, a subsidiary of AngloGold Ashanti, elected not to exercise its back-in right to the large package of mineral rights Extorre had optioned from it in Santa Cruz Province, Argentina. . .Extorre now owns a 100% interest in the properties. . .We believe the expiry of the back-in right clears the way for the company to aggressively target a potential discovery within this land package."

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