Starcore International Mines signs LoI to lease Tortilla project in Mexico

Canadian miner Starcore International Mines has signed a non-binding letter of intent to lease the San Juan Nepomuceno project in Mexico for ten years. The project includes six mineral claims and two properties. Starcore will pay 5m pesos to lease the project, with additional payments structured over time. Manuel Felipe will receive a 2% net smelter return from mineral production. The Tortilla project is located near other mining operations with a rich history dating back to 1557. Starcore president believes in the untapped potential of the project. Starcore also commenced exploration activities at the Kimoukro permit in Cote d’Ivoire in June 2024.

Read more at Yahoo Finance: Starcore signs LoI to lease Tortilla project in Mexico