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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

Post by niceindyon Aug 03, 2020 7:39pm
178 Views
Post# 31358898

COVID-19 restrictions were lifted in late May

COVID-19 restrictions were lifted in late MayCOVID-19 restrictions were lifted in late May for all mining & exploration companies in Mexico
 
https://www.bnamericas.com/en/features/mexican-miners-plan-swift-return-to-exploration
 
At March 31, 2020, the Company had a cash balance of $75,459 to settle current liabilities of $226,361. The Company expects to fund these liabilities and its exploration and operational activities through the issuance of capital stock over the coming year.
 
Any body knows what they have achieved as of 31-Mar-20 to earn salary and share based compensation?
  31-Mar-20 31-Mar-19
Management fees paid/accrued to the CEO $159,975 $157,980
Accounting fees paid/accrued to the CFO 30,000 30,000
Share-based compensation 134,804 -
  $324,782 $163,370
 

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