A Mexican property considered prospective for a bulk-tonnage gold deposit was recently optioned by Victoria Resource (VSE), which staked additional acreage surrounding the original claim block.
The letter of intent agreement allows Victoria to acquire a 100% interest, subject to a 4% net smelter return royalty, in the La Patilla concession in Sinaloa, Mexico, about 90 miles east of Mazatlan.
By staking 990 acres, the land package was expanded to a total of 1,235 acres and includes areas of potential strike extensions as well as land for leach pad and mine infrastructure sites.
Be the first to comment on "Victoria options Mexican gold project"