Trinity Silver Options for 100% of Chile Gold-Silver Project
Trinity Silver agreed to an option to acquire the El Nevado project for $7 million in cash payments over five years, plus $3 million upon commercial production and a 3.1% net smelter return royalty. The agreement is subject to TSXV approval.
Trinity Silver Corp. agreed to an option to acquire 100% of the El Nevado gold-silver project in Chile. 1% NSR royalty, subject to TSXV approval.