VANCOUVER, April 28, 2016 - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company") announces that it has paid U.K. engineering firm, GBM Minerals Engineering Consultants Ltd. ("GBM") in satisfaction of its claim for payment of £187,500 and have received engineering information and data in relation to the Company's Condor Gold Project in Ecuador. Due to a dispute, GBM had initiated a claim for the payment from the Company but since payment has been made the litigation has been dropped.
About Ecuador Gold and Copper Corp.
Ecuador Gold and Copper Corp. is a Canadian exploration and mining company focused on its gold and copper mineral properties located in the Province of Zamora-Chinchipe in southern Ecuador. The Company has completed a Preliminary Economic Assessment of its Santa Barbara Gold and Copper Project dated May 29, 2015, and is currently listed on the TSX Venture Exchange under the symbol "EGX". For additional information, please visit us at www.ecuadorgoldandcopper.com.
For further information please contact:
Ecuador Gold and Copper Corp. Heye Daun, President, Chief Executive Officer and Director Telephone: +1-604-687 2038 (Vancouver Office) Email: hdaun@ecuadorgoldandcopper.com
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VANCOUVER, April 28, 2016 - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company") announces that it has paid U.K. engineering firm, GBM Minerals Engineering Consultants Ltd. ("GBM") in satisfaction of its claim for payment of £187,500 and have received engineering information and data in relation to the Company's Condor Gold Project in Ecuador. Due to a dispute, GBM had initiated a claim for the payment from the Company but since payment has been made the litigation has been dropped.
