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Santacruz to consolidate ownership of Veta Grande, Minillas properties

By:  
Creamer Media Deputy Editor: North America
 
PROJECT MERGER
Canadian junior Santacruz Silver Mining has signed an option agreement with certain private Mexican companies known as Contracuña under which Santacruz aquired an option to buy a 100% interest in the Veta Grande and Minillas properties, for $15.5-million. The TSX-V-listed company currently operates the properties on a 60%:40% net profits interest basis under an exclusive 30-year right granted by Contracuña.
 
 
 
 
 

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