Die Musik in Geschichte und Gegenwart

Fortuna Silver Mines Enters into Option Agreement for Taviche Project, Mexico

Retrieved on: 
Friday, January 8, 2021

Details with respect to this option agreement were announced by MGG on January 7, 2021.

Key Points: 
  • Details with respect to this option agreement were announced by MGG on January 7, 2021.
  • Gold79 retains a 20% free-carried interest in the Taviche project under the terms of the Company's agreements with MGG.
  • MGG holds an exclusive option to acquire this 20% interest for a purchase price of CDN$1,000,000.
  • Gary Thompson, President, CEO and Chairman of Gold79, stated,"We are pleased that the Taviche silver project has been placed in strong hands with Fortuna as operator.