Business
Regency Silver Corp. Options the La India Mineral Concession, Sonora, Mexico Expands Position in Dios Padre District
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Regency Silver Corp. (TSXV: RSMX) (OTCQB: RSMXF) ("Regency Silver" or the "Company") is pleased to announce that it has entered into an agreement to option a 100% undivided interest in the La India mineral concession located only 10 km north of the Company's Dios Padre property.The La India concession covers an area of approximately 4,823 hectares in the district of Yecora, Sonora, Mexico. The Vendors are well known local...
About this update from Regency Silver Corp
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Regency Silver Corp. (TSXV: RSMX) (OTCQB: RSMXF) ("Regency Silver" or the "Company") is pleased to announce that it has entered into an agreement to option a 100% undivided interest in the La India mineral concession located only 10 km north of the Company's Dios Padre property.","length":380,"tagName":"p"},{"type":"text","content":"The La India concession covers an area of approximately 4,823 hectares in the district of Yecora, Sonora, Mexico. The Vendors are well known local prospectors and are at arm's length to the Company. They have previously sold the Mulatos and La India mine concessions in the district.","length":287,"tagName":"p"},{"type":"text","content":"The La India claim overlies similar geology to the rocks which host Dios Padre. Early cretaceous andesitic volcanic rocks are proximal to late cretaceous plutonic rocks that are associated with Laramide age porphyries in the district. The property exhibits localized zones of argillic, advanced argillic and pervasive silicification that are typically markers of hydrothermal alteration associated with Au-Ag mineralized systems such as the nearby La India and Mulatos gold mines.","length":480,"tagName":"p"},{"type":"text","content":""This transaction is a strategic step for Regency. The La India option meaningfully expands our land package in the district and confirms our commitment to the Dios Padre area. The success of our drilling at Dios Padre strengthens our hypothesis that we are operating within a large porphyry system in the Dios Padre district," stated Bruce Bragagnolo, CEO.","length":367,"tagName":"p"},{"type":"text","content":"In order to exercise the option, Regency Silver must make an initial payment of US$60,000 and make further payments of US$580,000 over five years as well as pay taxes estimated at US$145,000.","length":191,"tagName":"p"},{"type":"text","content":"The Company will also pay the Vendors a one-time cash payment of US$1,000,000 upon the publication of a NI 43-101 resource, which estimates that the area within the concession boundaries of La India contains a minimum of one million ounces of gold or its silver equivalent in the measured or indicated categories. This payment will be less any amounts paid for taxes or as option payme...