Company Description
Masivo Silver Corp. (OTC Pink: GNYPF; TSXV: MASS) is a Canadian junior silver and gold mining exploration company based in Vancouver, Canada. According to the company’s public disclosures, Masivo is focused on acquiring, exploring, and advancing precious- and base-metal projects in Mexico and the United States, with an emphasis on silver, gold and copper targets.
Masivo reports that it is currently focused on advancing exploration projects in the State of Nevada in the US and in the State of Sinaloa in Mexico. The company also describes a growing portfolio of precious- and base-metal exploration projects in Mexico and the United States, including the Cerro Colorado Property in Sonora, Mexico, and the Boston Mine Project in Nevada.
Core projects and exploration focus
Cerro Colorado Project, Sonora, Mexico
Masivo has announced an agreement to acquire the Cerro Colorado gold, copper and silver project in the state of Sonora, Mexico. The project area includes two mineral concessions: the El Tacon Dos (Cerro Colorado) concession and the Valle del Cobre concession. The company reports that work on the project has included mapping and sampling, soil geochemistry and an induced polarization (IP) geophysics program over an area where brecciation and phyllic alteration with sericite and iron oxides are observed.
Public news releases describe historical sampling from collapsed tunnels, dumps and trenches on the Cerro Colorado concessions that returned high silver, gold, copper, lead and zinc assay values. Masivo also reports that geophysical work has identified high chargeability anomalies interpreted as potential polymetallic sulfide mineralization at depth. The company has outlined an eight-hole drill program and later reported the submission of environmental permit applications to SEMARNAT in Mexico to support planned drilling, access preparation and associated exploration infrastructure. Masivo states that the Cerro Colorado Project is a cornerstone asset within its portfolio.
Boston Mine Project, Nevada, USA
Masivo describes the Boston Mine as a high-grade gold, silver and copper project in Elko County, Nevada, where the company is targeting a gold/copper skarn deposit. The company has reported multiple drill holes completed at the Boston Mine, including holes designed to test strong historical IP anomalies interpreted to reflect sulfide mineralization associated with skarn geology. News releases note visible sulfide mineralization in several drill cores and significant intercepts in Hole No. 1, which the company states support its geological model and projected target zones.
Masivo has disclosed that it is designing and conducting a multi-hole drill program at the Boston Mine, with Phase 1 drilling followed by planning for a Phase 2 drill program based on assay results and new target areas. The company also notes that winter weather at the Boston Mine can be challenging, and that projects in Mexico may allow drilling during winter months.
El Colomo Property and mill
Masivo states that it has a mill located on its El Colomo property in the State of Sinaloa, Mexico. According to the company’s descriptions, this mill is capable of processing up to 300 tons of ore per day. El Colomo is referenced as part of Masivo’s operations in Sinaloa and as the site of its processing infrastructure.
Geographic footprint
Based on company disclosures, Masivo’s activities are centered in:
- Vancouver, Canada – corporate base as a Canadian junior exploration company.
- Nevada, United States – exploration at the Boston Mine project in Elko County.
- Sinaloa, Mexico – exploration projects and the El Colomo property with a mill.
- Sonora, Mexico – the Cerro Colorado gold, silver and copper project, including the El Tacon Dos (Cerro Colorado) and Valle del Cobre concessions.
Exploration strategy and technical oversight
Masivo’s public news releases emphasize a focus on exploration-stage work, including drill target definition, drilling programs, geophysics, mapping, sampling and due diligence on potential acquisitions. The company highlights the use of induced polarization surveys, soil geochemistry and structural interpretation to define drill targets at projects such as Cerro Colorado.
Technical information in Masivo’s releases is stated to be reviewed and approved by a Qualified Person (QP) under National Instrument 43-101. The company names a P.Geo as its qualified person for projects in Mexico and Nevada and notes that this individual has approved multiple technical news releases. Masivo also references collaboration with Mexican and North American geologists in designing drill programs and interpreting geological and geophysical data.
Corporate and capital activities
Masivo has disclosed non-brokered private placements intended to fund exploration at Cerro Colorado and the Boston Mine, as well as general working capital. In one release, the company details a unit offering with common shares and common share purchase warrants, outlining exercise prices and terms. The company has also described an option structure for the Cerro Colorado project, including staged payments in cash or shares and a retained net smelter return (NSR) royalty for the project vendors, with an option for Masivo to purchase the NSR.
In addition, Masivo reports holding a drill and exploration credit in Mexico to be applied to drilling programs there. The company has also announced letters of intent and option agreements related to the Cerro Colorado project, as well as ongoing due diligence and permitting steps.
Stock information and trading venues
Masivo Silver Corp. states that its shares trade on the TSX Venture Exchange under the symbol MASS and on the OTC Pink market in the United States under the symbol GNYPF. Public news releases also note that the TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the adequacy or accuracy of the company’s releases.
Risk profile and stage of development
According to its own descriptions, Masivo is an exploration-stage company. Its projects, including Cerro Colorado and the Boston Mine, are described in terms of exploration targets, historical sampling, geophysical anomalies and drill programs rather than established mineral reserves. The company’s news releases contain forward-looking information disclaimers that highlight risks and uncertainties associated with exploration, permitting, financing and operational outcomes.
How Masivo Silver Corp. describes itself
Across multiple public communications, Masivo consistently describes itself as:
- A Canadian junior silver and gold mining exploration company based in Vancouver, Canada.
- Focused on advancing exploration projects in Nevada, US, and Sinaloa, Mexico.
- Building a portfolio of precious- and base-metal exploration assets, including Cerro Colorado in Sonora, Mexico, and the Boston Mine Project in Nevada.
- Operating a mill on its El Colomo property in Sinaloa, with a stated capacity of up to 300 tons of ore per day.
FAQs about Masivo Silver Corp. (GNYPF)
- What does Masivo Silver Corp. do?
Masivo Silver Corp. is a Canadian junior silver and gold mining exploration company. According to its public disclosures, it focuses on acquiring, exploring and advancing precious- and base-metal projects in Mexico and the United States, with current attention on projects in Nevada, Sinaloa and Sonora. - Where are Masivo Silver’s main projects located?
The company reports key projects in Elko County, Nevada (the Boston Mine project), in the State of Sinaloa, Mexico (including the El Colomo property and mill), and in the State of Sonora, Mexico (the Cerro Colorado project, which includes the El Tacon Dos and Valle del Cobre concessions). - What is the Cerro Colorado Project?
Masivo describes the Cerro Colorado Project in Sonora, Mexico as a gold, silver and copper project consisting of two mineral concessions. The company reports historical sampling with high assay values, geophysical surveys showing high chargeability anomalies, and an eight-hole drill program design. It has also disclosed the submission of environmental permit applications to SEMARNAT for exploration activities. - What is the Boston Mine Project?
The Boston Mine Project is described by Masivo as a high-grade gold, silver and copper project in Elko County, Nevada, targeting a gold/copper skarn deposit. The company has reported multiple drill holes, visible sulfide mineralization in core, and significant intercepts in at least one hole, which it states support its geological model. - Does Masivo Silver have processing infrastructure?
Yes. Masivo states that it has a mill located on its El Colomo property in the State of Sinaloa, Mexico. According to company disclosures, this mill is capable of processing up to 300 tons of ore per day. - On which exchanges does Masivo Silver trade?
Masivo reports that its shares trade on the TSX Venture Exchange under the symbol MASS and on the OTC Pink market in the United States under the symbol GNYPF. - How does Masivo describe its stage of development?
The company presents itself as a junior exploration company. Its public communications focus on exploration activities, historical sampling, geophysical surveys, drill programs and permitting, rather than on production or defined mineral reserves. - What commodities does Masivo Silver target?
Masivo’s disclosures emphasize silver and gold as core commodities, with additional focus on copper and other base metals at projects such as Cerro Colorado and the Boston Mine. - What is Masivo’s approach to technical oversight?
Masivo states that technical information in its news releases is reviewed and approved by a Qualified Person (P.Geo) under National Instrument 43-101. The company also references collaboration with experienced Mexican and North American geologists in designing and executing exploration programs. - How does Masivo fund its exploration activities?
Public news releases describe non-brokered private placements and an option structure for the Cerro Colorado project, as well as a drill and exploration credit in Mexico. These mechanisms are presented by the company as ways to fund exploration work and related activities.
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SEC Filings
No SEC filings available for Masivo Silver.