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Zacatecas Silver Corp V.ZAC

Alternate Symbol(s):  ZCTSF

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

Post by Oldschool2022on Sep 27, 2024 9:02am
63 Views
Post# 36243777

368% near term upside potential! CHART!!

368% near term upside potential! CHART!!
We have 368% upside to just hit the year highs of .295 from .08 per share today. Considering that Silver was $26 an ounce then and now at $32 per ounce and climbing this looks very undervalued. Hold tight because this story is just starting.
 
The Company announced an initial mineral resource estimate at the Panuco Deposit, which was prepared by P&E Mining Consultants Inc. ("P&E"). The Panuco Deposit mineral resource estimate consist of 2.7 million tonnes at 187 g/t AgEq (171 g/t Ag and 0.17 g/t Au) for 16.4 million ounces AgEq (15 million ounces silver and 15 thousand ounces gold).
 
.40 per share book value trading for .08. $47 million in assets. Perfect timing here just coming off the bottom up the chart.
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