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International Millennium Significantly Expands Nivloc Silver Project
Dec. 04, 2017 08:38AM PST
Silver InvestingInternational Millennium Mining (“IMMC” or the “Company”) (TSX-V:IMI) announces it has expanded its Silver Peak Project lands by staking of fourteen (14) more claims and purchasing a 100% interest in an additional twenty-five (25) claims, strategically located adjacent to the Company’s 100% owned Nivloc Ag-Au Property near the community of Silver Peak, in Esmeralda County, …
International Millennium Mining (“IMMC” or the “Company”) (TSX-V:IMI) announces it has expanded its Silver Peak Project lands by staking of fourteen (14) more claims and purchasing a 100% interest in an additional twenty-five (25) claims, strategically located adjacent to the Company’s 100% owned Nivloc Ag-Au Property near the community of Silver Peak, in Esmeralda County, Nevada.
The additional claims bring IMMC’s total land holdings in the Silver Peak Project to 211 claims covering in excess of 4,000 acres (1,600 hectares). The twenty-five (25) new claims are subject to various Net Smelter Return (NSR) royalties that are no greater than 2.5%.
This is the first time in the history of the Silver Peak silver camp that one company holds a 100% interest in the lands that include both the past producing Nivloc Mine and the past producing “16 to 1” Mine.