11:42 AM EST - CuOro Resources : said it will not be proceeding with its option payment of $1 million U.S. due on the Santa Elena property in Colombia and has provided notice of termination to the concession owner. The explorer added that all Santa Elena capitalized costs will be written off. CuOro contends that it continues to be debt-free with approximately $6.7 million in the Treasury. CuOro Resources
shares V.CUA are trading down $0.02 at $0.15.
