Silver Viper Completes Acquisition of Cimarron GOLD-Copper Project
SILVER VIPER COMPLETES ACQUISITION OF
CIMARRON GOLD-COPPER PROJECT
VANCOUVER, BC
,
June 20, 2025
/CNW/ -
Silver Viper Minerals Corp.
("
Silver Viper
" or the
"
Company
") (TSXV: VIPR) (OTC: VIPRF) is pleased to announce that, further to its news release
dated
May 8, 2025
, the Company has acquired the Cimarron Project in
Sinaloa, Mexico
, a property
hosting a porphyry gold-copper system (the "
Transaction
"), from CSAC Holdings Inc. ("
CSAC
").
Pursuant to the terms of a purchase agreement dated
May 8, 2025
, between the Company, CSAC
and all of the shareholders of CSAC (the "
Vendors
"), Silver Viper acquired all of the outstanding
common shares of CSAC from the Vendors in exchange for 9,000,000 common shares at a deemed
price of
$0.20
per share, of Silver Viper (the "
Shares
"). The Shares issued to the arm's length
Vendors are not subject to a hold period under applicable Canadian securities laws and no finders'
fees were paid in connection with the Transaction.
Highlights of the Cimarron Project
The Cimarron Project is located on the prolific porphyry belt from
Arizona
to
Jalisco
and is situated in
the well-established mining jurisdiction of
Mexico
. The Cimarron Project lies between Mazatlán and
Rosario
in
Sinaloa
and is accessible via an 11-kilometre dirt road from a nearby paved road. The
area is relatively flat, with low topographic contrast, supporting ease of access. An electrical line
passes one kilometre south of the property. The nearby towns of Rosario—a historic mining
community—and Mazatlán provide access to skilled local labour.
Qualified Person
The technical information in this news release has been prepared in accordance with Canadian
regulatory requirements set out in NI 43-101 and reviewed and approved by
Ben Whiting
, P.Geo., a
Qualified Person as defined in NI 43-101.
About the Company
Silver Viper Minerals Corp. is a Canadian-based junior mineral exploration company focused on
precious metals exploration in
Mexico
. The Company is the operator and 100% owner of the La
Virginia Gold-Silver Project in
Sonora
. The Company continues to evaluate and advance mineral
exploration opportunities across key mining jurisdictions in
Mexico
and acquired the Cimarron Project
in
Sinaloa, Mexico
in
June 2025
.
ON BEHALF OF THE BOARD OF DIRECTORS,
Steve Cope
President and CEO
Follow us on social media:
X:
@SilverViperCorp
LinkedIn:
Silver Viper Minerals Corp.
Facebook:
Silver Viper Minerals
YouTube:
@SilverViperMinerals
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Forward Looking Information
This news release includes forward-looking statements that are subject to inherent risks and
uncertainties. All statements within this news release, other than statements of historical fact, are to
be considered forward looking and include, without limitation, any statements respecting future plans
for the Cimarron Project. Although Silver Viper believes the expectations expressed in such forward-
looking statements are based on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ materially from those described in
forward-looking statements. Factors that could cause actual results to differ materially from those
described in forward-looking statements include fluctuations in market prices, including metal prices,
continued availability of capital and financing, and general economic, market or business conditions.
There can be no assurances that such statements will prove accurate and, therefore, readers are
advised to rely on their own evaluation of such uncertainties.
SOURCE
Silver Viper Minerals Corp.
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For further information:
For further information, please contact Alicia Ford at 604-687-8566, email
[email protected] or visit our website at www.silverviperminerals.com.
CO: Silver Viper Minerals Corp.
CNW 19:28e 20-JUN-25