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Zacatecas Silver to Acquire the Advanced Stage and High Grade Oxide Gold Esperanza Project from Alamos Gold Inc.
Zacatecas Silver to Acquire the Advanced Stage and High Grade Oxide Gold Esperanza Projec...
About this update from Zacatecas Silver Corp.
[{"type":"text","content":"\n \n \n \n Zacatecas Silver to Acquire the Advanced Stage and High Grade Oxide Gold Esperanza Project from Alamos Gold Inc.\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; FONT-SIZE: 8PT; FONT-FAMILY: ARIAL; COLOR: BLACK; MARGIN:0em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Feb. 28, 2022\n \n \n /CNW/ - Zacatecas Silver Corp. (\"Zacatecas Silver\" or the \"Company\"), (TSX Venture: ZAC) (OTC Markets: ZCTSF) (\n \n Frankfurt\n \n : 7TV) is pleased to announce that it has entered into a share purchase agreement dated\n \n February 28, 2022\n \n (the \"Share Purchase Agreement\") with Minas De Oro Nacional, S.A. De C.V. (\"Minas De Oro\"), a subsidiary of Alamos Gold Inc. (\"Alamos\"), to acquire the advanced stage Esperanza Gold Project, located in Morelos State,\n \n Mexico\n \n (the \"Transaction\").\n \n \n \n \n \n \n \n \n \n \n Highlights:\n \n \n \n \n \n Esperanza Gold Project is a high-grade oxide gold deposit with scalable upside.\n \n \n \n \n Historic measured and indicated resource of 34,352,000 tonnes at 0.98 g/t gold and 8.09 g/t silver for 1,084,000 ounces of gold and 8,936,000 ounces of silver and inferred resource of 718,000 tonnes at 0.80 g/t gold and 15.04 g/t silver for 18,000 ounces of gold and 347,000 ounces of silver (see below for details).\n \n \n \n \n Priority to prepare an updated resource estimate in 2022 and complete a current economic study on the Esperanza Gold Project based on the updated resource estimate.\n \n \n \n \n To date, significa...