Silverton Metals Corp.

Description

Silverton Metals Corp., earlier known as Plymouth Realty Capital Corp., is a junior mining company primarily engaged in the exploration and development of mineral projects. Silverton, as the name perhaps suggests, is focused on quality silver assets.

It is listed on the TSX Venture Exchange with its shares trading under the quote SVTN. The natural resource miner is also listed on the United States’s OTC Market under the trading symbol SVTNF.

The Vancouver-headquartered miner owns and operates three significant silver projects located in Mexico:

The Peñasco Quemado Project consists of seven mineral concessions encompassing a total land area of 3,746 hectares. The project is situated approximately 60 kilometers south of the town Sasabe along the US-Mexico border, in northern Sonora. It hosts manganese oxides bearing silver mineralization.

La Frazada Project comprises mineral exploration concessions spread over a land package of about 299 hectares. The project hosts silver-rich epithermal mineralization with base metals. It is situated nearly 300 kilometers northwest of Guadalajara, Nayarit.

The Pluton Project is comprised of three adjacent mineral exploration concessions that encompass a total land area of 6,534 hectares. The project is strategically positioned in the past-producing district, namely, Ojuela-Mapimi and faces the east side of the Sierra Madre Oriental in north Durango. The mineralization at the Pluton site includes silver (Ag), lead (Pb) and zinc (Zn) carbonate replacement mines, possibly below the alluvial layer/ cover.

Silverton Metals acquired a 100 per cent ownership stake in each project from Silver One Resources Inc., who is among the largest shareholders of Silverton. The company is focused on exploration and development programs to discover and evaluate prospective mineral targets to extend the production potential of its current projects. It also intends to grow and expand its silver-focused portfolio organically and through dynamic business arrangements – acquisitions and partnerships – to drive future business growth.