Zacatecas Silver Secures Option to Acquire Lourdes Project in Mexico
MT newswire2026/10/05 13:2609:26 AM EDT, 10/05/2026 (MT Newswires) -- Zacatecas Silver (ZAC.V) secured an option to acquire the Lourdes gold-silver project in Mexico from Guanajuato Silver (GSVR.V), it said Monday. Under the terms, Zacatecas Silver must pay $825,000 in cash and shares over two years, with no minimum exploration expenditure commitments, the company said. Zacatecas Silver will also grant a 2.0% net smelter royalty (NSR), which can be halved for $1 million. The project also includes an existing 3.0% NSR, of which 2.0% may be bought back for $2 million, the company said. Zacatecas shares last traded Thursday, closing at CA$0.055 on the TSX Venture Exchange.
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.
You may also like
Cybertruck orders far exceed pre-production capacity, Tesla (TSLA.US) to refund deposits to a large number of customers
Elon Musk stated that Tesla will refund the Cybertruck deposits to a significant number of customers.

Barrick Gold (B.US) Q3 Results Mixed: Benefiting from Gold Price Dividend While Facing Cost Pressures
Barrick Mining (B.US) will release its financial results for the third quarter of 2026 before the U.S. stock market opens on November 9.
Europe Becomes a Safe Haven Amid AI Turbulence! Citi Turns Bullish on European Stocks, Downgrades US Stocks: Low AI Exposure Seen as Key Advantage
Citigroup strategists have downgraded the rating of U.S. stocks and upgraded the rating of European stocks, following the recent market turbulence caused by upheaval in the artificial intelligence industry.

Rumor: Tesla (TSLA.US) and SpaceX (SPCX.US) plan Terafab monthly production of one million wafers, feasibility questioned
According to reports, Tesla (TSLA.US) and SpaceX (SPCX.US) plan to achieve a production capacity of 1 million semiconductor wafers per month at the proposed Terafab factory starting in 2032.
