Silver Dollar Signs Letter of Intent to Acquire La Joya Silver Project from First Majestic

Silver Dollar _19062020

Vancouver, British Columbia–(Newsfile Corp. – June 19, 2020) – Silver Dollar Resources Inc. (CSE: SLV) (“Silver Dollar” or the “Company”) is pleased to report it has signed a Letter of Intent (“LOI”) with First Majestic Silver Corp. (“First Majestic”), wherein Silver Dollar has the option to earn an initial 80% interest following the exercise of which it may earn an additional 20% for an aggregate 100% interest in First Majestic’s La Joya Ag-Cu-Au property (the “Property”) located in the south-eastern portion of the State of Durango in the Mexican Silver Belt (see Figure 1). The Property consists of 15 mineral concessions totalling 4,646 hectares and hosts the Main Mineralized Trend (MMT), Santo Nino and Coloradito deposits (see Figure 2).

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s