Prospero Silver Corp to Acquire Two More Claims in Baborigame District

Prospero Silver Corp. (TSXV:PSL) announced that will acquire two more claims, Sucara (71.53 hectares) and Dos Amigos (90.39 hectares), in the Baborigame district.

As quoted in the press release:

Prospero signed the agreements for the two claims with underlying claimholder Compañia Minera Terciario, SA de CV . These will be integrated into and funded under the joint venture agreement between Minera Fumarola, SA de CV (a 100% owned Mexican subsidiary of Prospero Silver Corp) and Minera Hochschild Mexico, SA de CV .Under the terms, Terciario and the joint venture will have the option to earn a 100% interest in the mining rights of the two claims by making escalating cash payments totaling US$500,000 within 4 years.

To view the full press release, click here.