Andean Mining Corporation Pty Ltd. entered into non-binding agreement to acquire Yarumalito Project from NewRange Gold Corp. (TSXV:NRG) on July 31, 2019. The non-binding agreement gives Andean Mining exclusive rights to pursue a definitive agreement. Andean Mining Corporation Pty Ltd. entered into agreed to acquire Yarumalito Project from NewRange Gold Corp. (TSXV:NRG) for $1.4 million on November 4, 2019. As per the terms of the transaction consideration payable is $0.2 million in cash and $1.2 million in common shares of Goldmine. NewRange Gold received $0.25 million as a deposit from Andean Mining Corporation.

Andean Mining Corporation Pty Ltd. completed the acquisition of Yarumalito Project from NewRange Gold Corp. (TSXV:NRG) in December, 2019.