Zacatecas Silver expands its Mexican asset portfolio by optioning the Lourdes gold-silver project from Guanajuato Silver, targeting a high-potential epithermal vein system.
Zacatecas Silver has entered into a definitive option agreement to acquire a 100% interest in the Lourdes gold-silver project located in Guanajuato State, Mexico. This acquisition allows the company to expand its exploration footprint into a historical mining district characterized by a low sulphidation epithermal vein system, which has seen limited prior exploration through only seven shallow drill holes.
Lourdes is a low sulphidation epithermal vein system located in a historical mining district in Guanajuato State, Mexico.
Zacatecas Silver has entered into an agreement to acquire a 100% interest in the project.
Guanajuato Silver Company Ltd. has opted to divest its interest in the Lourdes gold-silver project by entering into an option agreement with Zacatecas Silver. While this transaction reduces Guanajuato Silver's current project portfolio, it allows the company to monetize or offload a non-core asset through its subsidiary, Mina Bolanitos.
The agreement involves Guanajuato Silver's subsidiary, Mina Bolanitos, S.A. de C.V.
The agreement allows GSVR to option out the Lourdes project to Zacatecas Silver, effectively adjusting its project portfolio.
Zacatecas Silver Corp. has entered into a definitive option agreement to acquire full ownership of the Lourdes gold-silver project in Guanajuato, Mexico, from Guanajuato Silver Company Ltd. The project, located in a historically significant mining district, features a low-sulphidation epithermal vein system that remains largely underexplored with only seven shallow drill holes to date.
Zacatecas Silver has entered into an option agreement to acquire a 100% interest in the Lourdes gold-silver project from Guanajuato Silver and its subsidiary, Mina Bolanitos.
Lourdes is situated in a historical mining district in Guanajuato, Mexico, and represents a low-sulphidation epithermal vein system that has seen minimal prior drilling, offering potential for future resource development.