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Mantaro Silver Corp. (TSXV: MSLV) announced an option agreement to acquire up to an 80% interest in the Golden Hill Property in Bolivia, encompassing 4,468 hectares. The property features over 4 km of gold-bearing quartz veins and is fully permitted for mining and drilling. Initial investments include cash payments totaling $1.5 million, share issuances, and exploration costs of $250,000. The project is seen as strategically significant, complementing Mantaro's silver assets in Peru and demonstrating potential for high-grade gold deposits.
Mantaro Silver Corp. has provided an exploration update for its San Jose and Santas Gloria high-grade silver properties in Peru. Key highlights include an access agreement with the UTCAS community for the San Jose project, which has identified seven new veins and a copper anomaly. Additionally, the company received its first archaeological report for Santas Gloria, aiding in the drilling permit process. Mantaro is conducting mapping and channel sampling to finalize targets for its upcoming drill program.
Mantaro Silver Corp. (MSLVF) announced its common shares are now eligible for electronic clearing and settlement via the Depository Trust Company (DTC) in the United States. This DTC eligibility is expected to enhance liquidity and simplify trading processes, benefiting existing investors and attracting new ones. The company holds a 100% interest in various silver properties in British Columbia, including the Santas Gloria Silver Property. However, investors are cautioned that forward-looking statements in the release are inherently uncertain and may be affected by various risks.
Mantaro Silver Corp. (OTC: MSLVF) has announced the acquisition of four new mineral concessions adjacent to its Santas Gloria Silver Property, increasing its total landholdings to 3,272 hectares. This strategic move includes 200-hectare Western and Eastern Extensions and a 1,772-hectare Northern Concession, enhancing the company's potential for high-grade silver exploration. The company will pay $50,000 and issue 500,000 common shares for the acquisition, subject to TSX Venture Exchange approval. Upcoming plans include further mapping and sampling of the newly acquired properties.