Business

Silver Sands Resources Corp. Enters into Definitive Agreement to Acquire 100 Percent Interest in the Fairfield Gold Project, Nayarit, Mexico

Vancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - Silver Sands Resources Corp. (CSE: SAND) (OTC Pink: SSRSF) (the "Company" or "Silver Sands") is pleased to announce that, further to its news release dated March 2, 2026, it has entered into a Definitive Agreement dated April 29, 2026 (the "Agreement") with Fairfields Gold S.A. de C.V. (the "Vendor") to acquire the 1,012.73 hectare Fairfield Gold Project, a gold silver project with underlying porphyry copper potential located in...

articleSilver Sands Resources Corp.April 30, 20269/company/silver-sands-resources-corp/news/silver-sands-resources-corp-enters-into-definitive-agreement-to-acquire-100-percent-interest-in-the-fairfield-gold-project-nayarit-mexico
Silver Sands Resources Corp. Enters into Definitive Agreement to Acquire 100 Percent Interest in the Fairfield Gold Project, Nayarit, Mexico

About this update from Silver Sands Resources Corp.

[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - Silver Sands Resources Corp. (CSE: SAND) (OTC Pink: SSRSF) (the "Company" or "Silver Sands") is pleased to announce that, further to its news release dated March 2, 2026, it has entered into a Definitive Agreement dated April 29, 2026 (the "Agreement") with Fairfields Gold S.A. de C.V. (the "Vendor") to acquire the 1,012.73 hectare Fairfield Gold Project, a gold silver project with underlying porphyry copper potential located in the State of Nayarit, Mexico (the "Concessions"). The Concessions are situated approximately 70 kilometres northeast of Puerto Vallarta and 25 kilometres southwest of Tepic.","length":731,"tagName":"p"},{"type":"text","content":"Pursuant to the Agreement, the Company may earn a 100 percent interest in the Concessions by making staged cash payments totaling USD$675,000 and issuing an aggregate of 5,150,000 common shares over a four year period.","length":218,"tagName":"p"},{"type":"text","content":"Keith Anderson, Chief Executive Officer of Silver Sands, commented, "The Fairfield Gold Project represents an excellent opportunity in a strong mining friendly jurisdiction for Silver Sands. Historical exploration by ASARCO reported gold and silver mineralization in the Miravalles Vein, while parallel vein structures have only been minimally explored, highlighting the broader exploration potential of the project."","length":427,"tagName":"p"},{"type":"text","content":"Key Property Highlights","length":23,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Initial historical exploration by American Smelting and Refining Company (ASARCO) between 1926 and 1935 included two adits driven on the 1,500 metre Miravalles Vein which reported small shoots of mineralization averaging 31.2 grams per tonne gold and 401 grams per tonne silver.1","length":279,"tagName":"p"}]},{"val":[{"type":"text","content":"Historical drilling completed in 2006 by Servicio Geologico Mexicano, the Mexican Geological Survey, included drill hole DDH 3 which intersected the Miravalles Vein at a shallow angle and returned the following results:2","length":220,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"0.55 metres true thickness grading 12.15 grams per tonne gold a...

More updates from Silver Sands Resources Corp.

Silver Sandsthe Companythe AgreementCanadian Securities ExchangeConcessionsMiravalles VeinFairfield Gold Projecthistorical dataCompanycommon shares