Santacruz to consolidate ownership of Veta Grande, Minillas properties

June 23, 2017

Responsive image

Canadian junior Santacruz Silver Mining has signed an option agreement with certain private Mexican companies known as Contracuña under which Santacruz aquired an option to buy a 100% interest in the Veta Grande and Minillas properties, for $15.5-million, the company announced on Wednesday.
The TSX-V-listed company currently operates the properties on a 60%/40% net profits interest basis under an exclusive thirty-year right granted by Contracuña.

Category: General