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Masivo Silver Corp. GNYPF


Primary Symbol: V.MASS

Masivo Silver Corp. is a Canada-based junior silver and gold mining exploration company. The Company is in the business of mineral property exploration and development in Mexico. It is focused on its exploration projects in the State of Nevada, Unites States, and in the State of Sinoloa, Mexico. Its projects include La Higuerita project , El Colomo, and La Nueva Victoria. The La Higuerita project is located on the Northern end of the El Colomo Mining District. The El Colomo is located with district-scale gold-silver potential. The La Nueva Victoria is located in the El Colomo Mining District. The Nevada projects are located in the mining district of Elko County, covering approximately 543 hectares (1,342 acres), consisting of 65 unpatented land claims, including the Boston Mine. In Mexico, its mining focus includes silver and gold exploration, development, and ore processing.


TSXV:MASS - Post by User

Comment by barryt34on Aug 01, 2020 5:49pm
71 Views
Post# 31354338

RE:news

RE:news a result of the COVID-19 pandemic, the local communities have restricted access to both the El Colomo and Las Margaritas properties. The Company is closely monitoring the COVID-19 virus and is actively negotiating with the various community leaders in order to lift the restrictions, but access is still restricted at this point of time. As a result, the first anniversary payments were not made with respect to the Las Margaritas property. The Company is negotiating with the option owner and until such time that this matter is resolved, the Company will defer making the required first anniversary property payments.
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