Starcore signs Loi to rent a tortilla project in Mexico

The Canadian Mines International Mines, Manuel Felipe Arrrewiin Martinez and Manuel Felipe Arreguin Martinez, Naterin San Juan Nepemuceno Project (Tortilla Project), for ten years in 2034.

The project includes six mineral claims and two features.

With the lease agreement, Starcore Manuel Felipe Arrrew will pay 5M Peso ($ 268,500 dollars).

Payments were established with 2 m pesos in connection with the signing of a particular agreement after monthly payments with 500,000 peso in the next six months.

Upon completion of all payments, the Manuel Felipe Tortilla project will receive a 2% net smelter return (NSR) from mineral production.

The option to sell all claims and discounts in the rental period to Starcore Starcore saves the option to sell $ 7 million in purchasing price.

Santiago de Queretaro has a rich history for Tortilla project and other mining operations located 150 km from Queretaro.

The area was mined continuously until 1870, first with a deposit known as a doctor mine. Britain’s interests later resumed exploration in the 19th century, but the operations were short-term and historical production records were not available.

Starcore President and CEO Robert Eadie, “Based on the size of old mine sites and middle ore classes, we believe that we cannot have an excellent opportunity to capitalize the attractive price of the tortilla project and years.

“My exposure is minimal and opportunities can be extremely rewarding.”

Starcore International Mines in June 2024 Exploration work began Central Cote d’Ivoire, YamousSoukro in Kimoukro permission in south of the capital.

“Loi sign to rent a tortilla project in Starcore Mexico” was first created and published Mining technologyA global brand.

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