Guanajuato Silver grants Zacatecas Silver option on Lourdes project for US$225,000 cash, US$600,000 in shares
Bitget2026/10/05 11:50Zacatecas Silver agreed to acquire a 100% interest in the Lourdes property in Guanajuato, Mexico, from Guanajuato Silver. Consideration totals US$225,000 cash, US$600,000 in Zacatecas Silver common shares, and a 2% net smelter return royalty. Payments are staged: US$75,000 cash and US$200,000 in shares on TSXV approval, repeated on year one and year two anniversaries. Zacatecas Silver can repurchase half the royalty for a one-time US$1 million payment before production starts. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guanajuato Silver Company Ltd. published the original content used to generate this news brief on October 05, 2026, and is solely responsible for the information contained therein.
- Zacatecas Silver agreed to acquire a 100% interest in the Lourdes property in Guanajuato, Mexico, from Guanajuato Silver.
- Consideration totals US$225,000 cash, US$600,000 in Zacatecas Silver common shares, and a 2% net smelter return royalty.
- Payments are staged: US$75,000 cash and US$200,000 in shares on TSXV approval, repeated on year one and year two anniversaries.
- Zacatecas Silver can repurchase half the royalty for a one-time US$1 million payment before production starts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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