Silverton Metals Corp is focused on the exploration and development of quality silver projects. Its intial acquisitios includea 100% interest in three significant silver assets in Mexico – Pluton (Durango), Penasco Quemado (Sonora) and La Frazada (Nayarit). Silverton acquired these assets from Silver One Resources Inc., one of the company’s largest shareholders. Current exploration plans include a 2200 meter drill program on Penasco Quemado and a geophysical survey at Pluton, to better define prospective geology and refine drill targets both scheduled for the fourth quarter of 2021. Drilling is anticipated to follow at Pluton in the first half of 2022.
Silverton management and board have extensive experience identifying and evaluating both exploration prospects and acquisition targets. Pluton, Penasco Quemado, and La Frazada represent foundational assets with historic resources in the last two projects that can be readily expanded. The company intends to drive future growth by building upon this asset base and additional acquisitions to create a strong portfolio of silver-rich projects.