Internet proceeds of the providing can even be used to make possibility funds and pursue strategic alternatives, in addition to for working capital and basic company functions, mentioned Vizsla.
The corporate has an possibility to accumulate 100% of the just lately consolidated 9,386.5-hectare Panuco property, together with a 500-tonnes/day mill, 35 km of underground growth, tailings amenities, roads, energy and permits. The property is believed to exhibit similarities to the San Dimas gold-silver mine owned by First Majestic Silver (TSX: FR; NYSE: AG).
(This text first appeared within the Canadian Mining Journal)
