According to the company, an extensive gold-in-soil anomaly combined with the similarities and proximity to the historic Promontorio Mining Camp makes the Santiago property a compelling exploration target.

Last week, the company signed a definitive agreement with Artemio Terrazas Arredondo and Norma Velazquez Jurgeit for the acquisition of the Santiago property.

Based on a structural interpretation of the property derived from satellite imagery, the Au-Ag mineralization containing the greatest vein width and highest grade Au-Ag consistent with certain trending faults are evident in the Santiago property.

The Santiago Gold Property is situated in the Sierra San Francisco mountain range.