Business
Zacatecas Silver To Resume Trading on Thursday March 10, 2022
Zacatecas Silver To Resume Trading on Thursday March 10, 2022 Canada NewsWire ...
About this update from Zacatecas Silver Corp.
[{"type":"text","content":"\n \n \n \n Zacatecas Silver To Resume Trading on Thursday March 10, 2022\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n March 8, 2022\n \n /CNW/ - Zacatecas Silver Corp. (\"Zacatecas\" or the \"Company\") (TSX Venture: ZAC) (OTC Markets: ZCTSF) (\n \n Frankfurt\n \n : 7TV) is pleased to announce that the Company's common shares will resume trading at the market open on\n \n Thursday, March 10, 2022\n \n .  Shares were temporarily halted from trading following the announcement that Zacatecas had entered into an agreement to acquire the Esperanza Project (\"Esperanza\") from\n \n Alamos\n \n , as described in a Zacatecas News Release dated\n \n February 28, 2022\n \n .\n \n \n \n \n \n \n \n \n \n \n Highlights:\n \n \n \n \n \n Recent announcement of the acquisition of the Esperanza Project from Alamos Gold Inc. (\"Alamos\").\n \n \n \n \n Upon completion of the transaction,\n \n Alamos\n \n will become the largest shareholder of\n \n Zacatecas\n \n \n \n \n \n Order books closed, with allocations complete, on recently announced\n \n $18 million\n \n financing.\n \n \n \n \n In addition to the\n \n Esperanza\n \n transaction, drilling continues on the Company's\n \n Zacatecas\n \n silver properties following up on multiple recently announced high grade intercepts at Panuco North.\n \n \n \n \n \n Esperanza\n \n is an advanced stage, attractive low-cost, low-capital-intensity and low-technical-risk growth project located in\n \n Morelos\n \n state,\n \n Mexico\n \n .\n \n Alamos\n \n has progressed the project through advanced engineering, including metallurgical work, while also focusing on stakeholder engagement, including building community relations.\n \n \n \n Esperanza\n \n is a high-grade oxide gold deposit with scalable upside, with a historic measured and indicated resource of 34,352,000 tonnes at 0.98 gram per tonne (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 ...