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.
