Zacatecas Silver Appoints Nancy La Couvee to Board of Directors
Zacatecas Silver Appoints Nancy La Couvee to Board of
Directors
VANCOUVER, BC
,
March 15, 2022
/CNW Telbec/ - Zacatecas Silver Corp. ("Zacatecas Silver" or the "Company") (TSXV:
ZAC) (OTC Markets: ZCTSF) (
Frankfurt
: 7TV) is pleased to announce the appointment of
Nancy La Couvee
to the
Company's Board of Directors.
Ms. La Couvee is currently Corporate Secretary for K92 Mining Inc., and is a governance professional with comprehensive
senior level experience in the public and private resource sectors. Ms. La Couvee is strongly attuned to corporate governance
and statutory compliance frameworks and has significant mining industry experience with a wide range of corporate and
financial transactions.
Ms. La Couvee is a Member of Governance Professionals of
Canada
(GPC) and the Chartered Governance Institute of
Canada
(CGI).
CEO and Director, Bryan Slusarchuk, states, "It is a pleasure to welcome Nancy to the Board of Directors. Through her role
at K92 and throughout her career, she has demonstrated skills and execution ability that will serve the
Zacatecas
Board well.
Her addition as a Director is an important one as we progress from having an excellent silver exploration and expansion drill-
stage asset to additionally having an advanced stage high-grade gold oxide project moving towards production."
Concurrent with this appointment, Ms. La Couvee will be granted 400,000 incentive share purchase options at an exercise
price of
$1.20
and a 5-year expiry from the date of issuance.
The Board of Directors, post the appointment of Ms. La Couvee, consists of Bryan Slusarchuk,
John Lewins
,
Chris Wilson
,
Jonathan Richards
,
Charles Hethey
and
Nancy La Couvee
.
About Zacatecas Silver Corp.
The Zacatecas Silver property is in Zacatecas State,
Mexico
, within the highly prospective Fresnillo Silver Belt, which has
produced over 6.2 billion ounces of silver. The company holds 7,826 ha (19,338 acres) of ground that is highly prospective for
low and intermediate sulphidation silver-base metal mineralization and potentially low sulphidation gold-dominant
mineralization. On
December 15, 2021
,
Zacatecas
announced a mineral resource estimate at the Panuco Deposit consisting
of 2.7 million tonnes at 187 g/t AgEq (171 g/t Ag and 0.17 g/t Au) for 16.4 million ounces AgEq (15 million ounces silver and
15 thousand ounces gold) (see news release dated
December 15, 2021
).
The property is 25 km south-east of MAG Silver Corp.'s Juanicipio Mine and Fresnillo PLC's Fresnillo Mine. The property
shares common boundaries with Pan American Silver Corp. claims and El Orito which is owned by Endeavour Silver. There
are four main high-grade silver target areas within the
Zacatecas
concessions: the Panuco Deposit, Muleros, El Cristo and
San Manuel-San Gill. The Property also includes
El Oro
, El Orito,
La Cantera
, Monserrat, El Peñón,
San Judas
and
San Juan
silver-base metal vein targets. These targets are relatively unexplored and will be the focus of rapid reconnaissance.
In addition, Zacatecas Silver Corp. has entered into a share purchase agreement dated
Feb. 28, 2022
, with Minas De Oro
Nacional SA De CV, a subsidiary of Alamos Gold Inc., to acquire the advanced-stage
Esperanza
gold project, located in
Morelos
state,
Mexico
.
The
Esperanza
gold project as an attractive low-cost, low-capital-intensity and low-technical-risk growth project located in
Morelos
state,
Mexico
.
Alamos
has advanced the project through advanced engineering, including metallurgical work, while
also focusing on stakeholder engagement, including building community relations.
On behalf of the Company
Bryan Slusarchuk
Chief Executive Officer and Director
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date
of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They
are not guarantees of future performance. Zacatecas Silver cautions that all forward looking statements are inherently
uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective
control. Such factors include, among other things: risks and uncertainties relating to Zacatecas Silver's limited operating
history, its proposed exploration and development activities on is Zacatecas Properties and the need to comply with
environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ
materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information.
Except as required under applicable securities legislation, Zacatecas Silver does not undertake to publicly update or revise
forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE
Zacatecas Silver Corp.
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For further information:
Adam Ross, Investor Relations, Direct: (604) 229-9445, Toll Free: 1(833) 923-3334, Email:
CO: Zacatecas Silver Corp.
CNW 08:30e 15-MAR-22