Masivo Silver to Process Gold and Silver Minerals in Mexico
Masivo Silver to Process Gold and Silver Minerals in Mexico
Vancouver, British Columbia, April 5, 2023 - Masivo Silver Corp. (“Masivo” or the
“Company”) (TSXV: MASS)(OTC:GNYPF) is pleased to announce it has begun servicing and upgrading
its equipment at the company’s 300 ton per day facility ( http://masivosilver.com/processing-plant ) in the
State of Nayarit, Mexico. Masivo intends to bulk-sample Au and Ag mineral coming from La Nueva
Victoria mining claim in the State of Nayarit where the company previously sampled up to 9.73-gpt of gold
and155-gpt of silver. The Company is also negotiating with public and private mining groups in the vicinity
with significant potential for processing mineral over the long term via a Tolling/Revenue/Profit sharing
business model agreement. Profits received by Masivo will be used to supplement the Company’s
exploration and drilling programs in Nevada and Mexico. Masivo will continue to look for more processing
opportunities in the area now that the precious metals market is up.
Masivo’s team of geologists, metallurgists and plant operators are very excited to restart processing
operations at 300 ton per day plant, the Company halted processing and sampling during Covid to focus on
exploration strategies in the State of Nevada and analyze several properties in Mexico for probable
acquisition.
Brian Brewer, the Qualified Person for Masivo, stated, “We are excited to restart the mill and commence
processing ore from mining companies in the region and generate revenue from toll milling of third-party
ore.”
David Coburn, Masivo Silver Corp. CEO, stated “While the main focus of Masivo continues to be our
exploration project in Nevada, we are very excited to move forward with milling operations here in Mexico,
there seems to be a high demand for processing gold and silver minerals from Nayarit and surrounding
states within Mexico.”
Qualified Person
Brian Brewer, CPG, 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 Nevada, 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), consisting 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 Sierra 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.masivosilver.com or email [email protected].
ON BEHALF OF THE BOARD OF DIRECTORS
“David Coburn” Chief Executive Officer
This press release contains “forward-looking information” that is based on the Company’s current expectations,
estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with
respect to the Company’s exploration plans. The words "will", "anticipated", "plans" or other similar words and
phrases are intended to identify forward-looking information. Forward-looking information is subject to known and
unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity,
performance, or achievements to be materially different from those expressed or implied by such forward looking
information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.