Silver Mines Limited (ASX: SVL) – $0.005

05 Aug 2014

Silver Mines has executed a Memorandum of Understanding with a Mexican based private mining company to Farm-In and then form a joint venture at the Veta Grande silver-gold-lead-zinc project and adjacent projects in Zacatecas state in central Mexico.

Silver Mines has a 90 day period to complete additional detailed due diligence on the project including an operating plant, associated mining infrastructure and extensive exploration leases in the surrounding area.

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