Zacatecas Silver Secures Option to Acquire Lourdes Project in Mexico

MT newswire2026/10/05 13:26

09:26 AM EDT, 10/05/2026 (MT Newswires) -- Zacatecas Silver (ZAC.V) secured an option to acquire the Lourdes gold-silver project in Mexico from Guanajuato Silver (GSVR.V), it said Monday. Under the terms, Zacatecas Silver must pay $825,000 in cash and shares over two years, with no minimum exploration expenditure commitments, the company said. Zacatecas Silver will also grant a 2.0% net smelter royalty (NSR), which can be halved for $1 million. The project also includes an existing 3.0% NSR, of which 2.0% may be bought back for $2 million, the company said. Zacatecas shares last traded Thursday, closing at CA$0.055 on the TSX Venture Exchange.

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