Masivo Silver Provides Corporate Update
Masivo Silver Provides Corporate Update
Vancouver, British Columbia, September 1, 2022 - Masivo Silver Corp. (“Masivo” or
the “Company”) (TSXV: MASS)(OTC:GNYPF) is pleased to announce a corporate update
for its Nevada and Mexico exploration projects. The phase 1 high grade drill program in
Nevada will begin over the first 2 weeks of September 2022. All of the permitting and
drill targets have been completed and drill pads have been finished. Masivo intends to
drill up to 10 shallow holes in the high-grade gold, copper and silver Boston Mine and
Montgomery Tunnel areas. Please see Masivo’s News Release from August 16, 2022.
Masivo continues to analyze several new high-grade gold and silver mineral concession
opportunities in Mexico with some very strong and positive negotiations continuing in
the states of Sinaloa, Nayarit and Durango. These opportunities could come with pro-
cessing opportunities at Masivo’s 300 ton per/day gravimetric and flotation milling fa-
cility in Nayarit.
Masivo is also currently designing a phase 1 drill program for its high-grade gold mineral
concession at its La Noria Dorada project in Sinaloa, Mexico with intent to drill in late
2022 or early 2023.
Masivo has received Board approval to consolidate its outstanding common shares which
would put Masivo in a better position to access capital markets should further funds be
required as part of a business transaction or for working capital purposes. The consoli-
dation of its outstanding common shares (“Common Shares”) on the basis of five (5)
pre-consolidation Common Shares for one (1) post-consolidation Common Share (the
“Consolidation”), the consolidation will be effective on September 6, 2022.
Qualified Person
Brian Brewer, PGeo, is Masivo Silver's qualified person for the company's projects in Mexico and
Nevada, and has approved this news release.
About Masivo Silver Corp.
Masivo is a Canadian junior silver and gold mining exploration company based in Vancouver,
Canada. Masivo is currently focused on advancing its exploration projects in the State of Ne-
vada, US, and in the State of Sinaloa, Mexico. The Nevada projects are located in the highly
prolific mining district of Elko County, covering approximately 543 hectares (1,342 acres), con-
sisting of 65 unpatented land claims, including the historic Boston Mine. In Mexico, Masivo’s
mining focus includes silver and gold exploration, development, and ore processing within an
aggregate of 14,000+ hectares (35,000+ acres) strategically located in the gold/silver-rich Si-
erra Madre Occidental Trend in western Mexico. The Company’s mill, located on its El Colomo
property, is capable of processing up to 300 tons of ore per day. Additional information on
Masivo’s current operations and vision, is available on the Company’s website at www.ma-
sivosilver.com or email [email protected].
ON BEHALF OF THE BOARD OF DIRECTORS
“David Coburn”
David Coburn, Chief Executive Officer
For information, please contact the Company:
Phone: 602-315-1231
E-mail: [email protected]
Website: www.masivosilver.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and
may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such registration is available.
FORWARD LOOKING STATEMENTS: This press release may contain forward-looking statements. Forward-
looking statements are statements that are not historical facts and are generally, but not always, iden-
tified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”,
“potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or
“should” occur. Although the Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not guarantees of future perfor-
mance and actual results may differ materially from those in forward looking statements. Forward-
looking statements are based on the beliefs, estimates and opinions of the Company’s management on
the date such statements were made. The Company expressly disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result of new information, future events
or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accu-
racy of this Release.