“Masivo Silver Moves Forward with Definitive Agreement IN Mexico”
“MASIVO SILVER MOVES FORWARD WITH DEFINITIVE AGREEMENT IN
MEXICO”
Vancouver, British Columbia, April 20, 2021 - Masivo Silver Corp. (TSXV: MASS) (“Masivo” or
the “Company”) is very pleased to announce that it is moving forward from Letters of Interest
to definitive agreements on several mineralized mining concessions comprising “La Santa Madre
Project” with a total of 1,971 hectares in San Ignacio, in the State of Sinaloa.
Masivo has recognized at least six parallel mineralized (Cu/Au/Ag) epithermal quartz veins with
a SW-NE orientation. Vein lengths range between 600 to 1,200 meters - the observed widths on
these veins vary from 3 meters to 7 meters. This vein system is hosted by andesite volcanic
rock, related to the Lower Volcanic Group of the Sierra Madre Occidental. The precise location
of the property will be announced when our geologists complete current sampling activities in
the neighboring claims in which assay results may motivate us to further negotiate the
acquisition of additional claims.
The company has also signed a letter of interest to access 3000 hectares of private land where
part of these mining claims are located, with the right to progress to an agreement for 8,000
hectares of this private land.
Definitive Agreements are subject to successful completion of due diligence by Masivo Silver
Corp within 90 days of the signed LOI’s.
David Dupre, P.Geo. is Masivo Silver’s Qualified Person (“QP”, as defined by National Instrument
43-101) for the Company’s projects in Mexico and Nevada, and has approved this news release.
David Coburn, Masivo Silver Corp. CEO, stated “We are very excited to secure these highly
prospective silver-gold-copper properties in the State of Sinaloa. These claims have historic
high grade Cu, Ag and Au values and old workings. The concessions are very accessible as they
are very close to highways and existing roads in the municipality of San Ignacio. There is power
and abundant water in the area, which is great for a drilling stage.
About Masivo Silver Corp
Masivo is a silver and gold exploration, development, and ore processing company exploring an
aggregate of 14,000+ hectares 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, its current operations
and its vision, is available on the Company’s website at www.masivosilver.com or
from [email protected].
ON BEHALF OF THE BOARD OF DIRECTORS
“David Coburn” Chief Executive Officer
For information, please contact the Company:
Phone: 602-315-1231
E-mail: [email protected]
Website: www.masivosilver.com
Neither the 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.