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OrganiMax Enters into Definitive Agreement for Option to Acquire up to 100% of the Ranger-Page Project in the Silver Valley, Idaho, USA
New high grade silver-zinc-lead brownfields exploration project Strategically locate...
About this update from Silver Valley Metals Corp
[{"type":"text","content":"OrganiMax Enters into Definitive Agreement for Option to Acquire up to 100% of the Ranger-Page Project in the Silver Valley, Idaho, USANew high grade silver-zinc-lead brownfields exploration project Strategically located in the Silver Valley, Idaho bordering two large mines on each side of the Ranger-Page Project No modern systematic exploration applied to the Ranger-Page Project 605 g/t Ag equivalent average grade from 63,098 tons mined at Crown Point and 386 g/t Ag equivalent average grade from 214,126 tons mined at Blackhawk(1)(2)Patented lode claims with no pre-existing royalties in a top tier mining jurisdiction ranked #1 in the world under the Policy Perception Index (PPI)(3)Vancouver, British Columbia--(Newsfile Corp. - July 20, 2021) - OrganiMax Nutrient Corp. (TSXV: KMAX) (FSE: L3U) (OTC: BNRJF) (\"OrganiMax\" or \"the Company\") is pleased to announce that, further to its press release dated February 10, 2021, the Company has entered into a definitive agreement dated July 20, 2021 (the \"Definitive Agreement\") with Blackhawk Exploration LLC (the \"Vendor\") for an option (the \"Option\") to earn up to a 100% interest in the Ranger-Page Project (the \"Project\") in the Silver Valley within the Coeur d'Alene Mining District in Idaho, USA.OrganiMax's President & CEO, Director Brandon Rook commented, \"The signing of the definitive agreement marks a major milestone in the Company's history. The Ranger-Page Project represents a significant exploration and development opportunity for the Company's shareholders as we turn our focus to high grade silver, zinc, and lead exploration in Idaho. Idaho, specifically the Silver Valley, is regarded as one of the top mining jurisdictions in the world. Permitting operations, both because of patented claims and Idaho's policies, make for an efficient and friendly place to explore and develop.\" The Ranger-Page Project was never consolidated within one company early on and was owned periodically by up to five different groups, thereby limiting mining capabilities because of disjointed small scale mining operations. As a result of the small-scale operators and despite the Project being located between two prolific past producing mining properties, the Project has remained unavailable for exploration and development over the past 80 years due to claim boundary issues between Bunker Hil...