Toronto-listed Metallica Resources will buy a 20% back-in option on shares of a company that holds purchase options covering the San Pedro gold-silver project in northwestern Mexico. Metallica will now hold a 100% interest in the company, San Xavier Mining.
The private Aruban-based company from which Metallica has acquired the option, Amityville AVV, will continue to hold a 2% net smelter return royalty on Cerro San Pedro.
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.
Be the first to comment on "Metallica backs into Cerro San Pedro"