RE:RE:RE:RE:RE:RE:RE:No volume in the $1.70,sJanuary MD&A. Mentionned twice. Probably just bureaucracy but it takes time it would appear.
Formalization of its agreement for the surface rights for the North Zone is pending regularization of the owner’s title. The Company has obtained an environmental permit for the construction of roads, camp and 46 drill pad locations in the Brasiles Zone, and approval for 9 drill pad locations in the North Zone. An application for an environmental permit for South Zone has been filed with the Mexican Secretariat of Environment and Natural Resources (“SEMARNAT”).
Acquisition of surface rights for North Zone has been delayed pending regularization of the owner’s title, which process has been delayed by the COVID19 pandemic. Filing of the application for an environmental permit for North Zone is pending formalization of the Company’s surface rights agreement. In the meantime, the Company is proceeding with its exploration program in the North Zone with approvals from the Mexican environmental agency for select drill pad locations.