Orko Silver Corp. has entered a joint venture with Pan American Silver Corp. for the development of the La Preciosa silver project, where Pan American will fully fund production costs in exchange for a 55% interest in the venture.
Target Information
Orko Silver Corp. is focused on the development of its flagship project, La Preciosa, one of the largest primary silver deposits globally, located in the vicinity of Durango, Mexico. The company is at the forefront of silver production, leveraging its strategic position and resources to advance this significant project in a sector known for its value.
The La Preciosa project presents a substantial opportunity for Orko, allowing it to tap into Mexico's rich mineral resources while providing an essential contribution to the global silver market.
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Industry Overview in Mexico
Mexico ranks as one of the world's leading producers of silver, with a mining industry characterized by rich deposits and advanced mining technologies. The
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Pan American Silver Corp.
invested in
Orko Silver Corp.
in 2009
in a Joint Venture deal
Disclosed details
Transaction Size: $5M