NSX Silver Inc. (TSXV:NSY) announced the acquisition, by request to the Mexican government, of two mining concessions covering a total of 856 hectares located in the Municipality of Tecoripa in the State of Sonora, Mexico.
As quoted in the press release:
The mining concessions, designated Guisa 1 and Guisa 2, are contiguous, and are situated approximately 140 kilometers east of the capital city of Hermosillo.
The Guisa concessions are on the eastern flank of the porphyry copper system that hosts the Cerro Verde Copper project and a number of other porphyry deposits. Porphyry copper deposits may host gold and silver deposits on their margins. Three of ten grab samples taken on the Guisa concessions during NSX Silver’s initial prospecting phase returned values of significance as detailed below.