Zacatecas Silver Corp V.ZAC

Alternate Symbol(s): ZCTSF

Metals & Mining Silver

Zacatecas Silver Corp. is a Canada-based company, which is engaged in the acquisition, and exploration and development of mineral properties in Mexico. The Company has two key projects: The Esperanza Gold Project in Morelos State, Mexico and the Zacatecas Silver Project in Zacatecas State, Mexico. The Esperanza project is an advanced stage project located in Morelos state, Mexico. The Zacatecas Silver Project is located in Zacatecas state, Mexico, within the highly prospective Fresnillo silver belt, which has produced over 6.2 billion ounces of silver. The Company holds 7,826 hectares (19,338 acres) of ground that is highly prospective for low-sulfidation and intermediate-sulfidation silver base metal mineralization and potentially low-sulfidation gold-dominant mineralization. The property is 25 kilometers (km) southeast of MAG Silver Corp.'s Juanicipio Mine and Fresnillo PLC's Fresnillo Mine. The property shares common boundaries with Pan American Silver Corp. claims and El Orito.

TSXV:ZAC - Post by User

Zacatecas Silver Corp

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Post by Betteryear2on Apr 12, 2022 4:07pm

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Post# 34598122

Zacatecas Acquires

VANCOUVER, BC, April 12, 2022 /PRNewswire/ - Zacatecas Silver Corp. ("Zacatecas" or the "Company") (TSXV: ZAC) (OTC: ZCTSF) (Frankfurt: 7TV) is pleased to announce that it has completed the acquisition of the advanced stage Esperanza Gold Project, located in Morelos State, Mexico pursuant to the terms of a share purchase agreement dated February 28, 2022 (the "Share Purchase Agreement") with Minas De Oro Nacional, S.A. De C.V. ("Minas De Oro"), a subsidiary of Alamos Gold Inc. ("Alamos"). Concurrent with closing of the transaction, the net proceeds under the previously announced $19.15 million brokered private placement of subscription receipts (the "Subscription Receipts") were released to the Company.

https://www.prnewswire.com/news-releases/zacatecas-acquires-the-advanced-stage-and-high-grade-oxide-esperanza-gold-project-from-alamos-gold-inc-and-19-15-million-private-placement-proceeds-released-from-escrow-301524256.html

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