Zacatecas Silver – A Company Introduction To The Zacatecas Silver Exploration Project and Esperanza Gold Development Project In Mexico
Bryan Slusarchuk, CEO of Zacatecas Silver Corp (TSX.V:ZAC – OTC:ZCTSF) joins us to provide a comprehensive introduction to the Company’s strategy at both projects in Mexico; the Zacatecas Silver Project along the Sierra Madre Belt in the Zacatecas Silver Mining District and the Esperanza Gold Project located in Morelos State.
We start off with an overview of the prior drilling at the Zacatecas Silver Project, and the historic resource estimated at 16 million ounces of 175 g/t silver, with a higher grade core within that of 5 million ounces of 225 g/t silver. The company has been having drill success at the Panuco target, and is also moving more exploration focus to the Panuco North target, and has several other exploration targets in cue to receive drilling as 2022 unfolds.
Next we pivoted over to the new Company acquisition of the Esperanza Gold Project, and the deal and payment terms struck with Alamos Gold (AGI), which is now the largest shareholder of Zacatecas Silver, with other key stakeholders being Eric Sprott, management, and some key specialist precious metals funds that came in on the recent $19 million over-subscribed financing. With over 70,000 meters of prior drilling and an economic report to work off of, Bryan feels their competent team can move this Project through the permitting and Environmental Impact Assessment at a fairly good pace, and there will be some resource expansion drilling and derisking work on tap here for 2022.
If you have any follow up questions for Bryan regarding Zacatecas Silver, then please email us at either Fleck@kereport.com or Shad@kereport.com.