Vancouver, British Columbia–(Newsfile Corp. – April 24, 2017) – Acapulco Gold Corp. (the “Company” or “Acapulco Gold“) is pleased to announce that it has entered into a mineral exploration earn-in agreement (the “Option Agreement“) with OZ Exploration Pty Ltd. (“OZ Minerals“) and Minera Zalamera S.A. de C.V. (“Zalamera“) pursuant to which Zalamera has granted an exclusive option to the Company and OZ Minerals, together as optionees, to acquire the Zaachila, Riqueza Marina and Zapotitlan projects (collectively, the “Projects“) in Oaxaca, southern Mexico.
The sites exhibit positive geological indicators, and the Company believes the Projects have the potential for shallow, high-value-per-tonne volcanic-hosted massive sulphide (“VHMS“) deposits. No modern mineral exploration has yet been undertaken on the Projects, all of which are located near developed road and port infrastructure.