Nevada Silver Corporation (TSX-V:NSC) said its Minnesota subsidiary North Start Manganese Inc has signed lease and purchase option agreements with two private landowners in Emily, Minnesota, on two adjacent blocks of land covering approximately 77 acres and mineral rights.
The company said the two acquisitions are significant as they join with the company’s existing holdings to form one contiguous land block.
Nevada Silver CEO Gary Lewis said securing these additional lands represented a significant milestone for the company and its shareholders.
READ: Nevada Silver to commence drilling program at Emily manganese project in Minnesota
“Our Minnesota team has spent many months on the ground finalizing these deals, and the impact will be immediate and considerable,” he said.
“Having recently announced the commencement of drilling at the Emily manganese project, our technical team is reviewing the program to include additional holes to cover high-grade historical intercepts and to infill significant areas that were never explored on this newly acquired ground."
Nevada Silver is a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy.
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