Masivo Silver Corp. V.MASS

Alternate Symbol(s): GNYPF

Metals & Mining Industrial Metals & Minerals

Masivo Silver Corp. is a Canadian junior silver and gold mining exploration company based in Vancouver, Canada. The Company is focused on advancing its exploration projects in the State of Nevada, United States, and in the State of Sinaloa, Mexico. Its projects include El Colomo, La Higuerita, La Nueva Victoria, Sinaloa Opportunities and Nevada. The El Colomo Property is made up of four claims for a total of 18,018 hectares. The Company's mill, located on its El Colomo property, is capable of processing up to 300 tons of ore per day. It has an option agreement with Jackpot Minerals LLC (Jackpot) granting the Company the right to earn a 100% interest in and to the Property in Elko County, Nevada. The Company has drilling operations at the Boston Mine high-grade gold, silver and copper project (Nevada). It has an option agreement to acquire an undivided 100% interest in and to the La Noria Dorado silver-gold-copper project, located in the Sierra Madre gold corridor, Sinaloa, Mexico.

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Masivo Silver Corp.

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Post by niceindyon Jul 22, 2020 9:55am

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Post# 31301223

First Mining no longer holds any properties in Mexico

Below extract is from FIRST MINING GOLD CORP. Q1, 2020 financial report.

It states as of April 28, 2020, First Mining no longer holds any mineral properties in Mexico. Does that mean Gainey Capital Corp agreement with FIRST MINING GOLD CORP for Las Margaritas Gold Project, Mexico was terminated? Given that now Gainey Capital Corp does not have any rights on that property they didn’t released any news? Well they could have following news:

Gainey Capital Corp. is pleased to announce that because of non-fulfillment of FIRST MINING GOLD CORP agreement conditions we have lost all rights on Las Margaritas gold project in Durango, Mexico.

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