Ridgestone Mining Inc.: Ridgestone Announces Option to Acquire 100% Interest in the Advanced-Stage Guadalupe y Calvo Project in Mexico
TSXV: RMI) (
LOI ) to acquire a 100%-interest in the Guadalupe y Calvo (
GyC ) gold-silver project from Endeavour Silver Corp. (
Endeavour ). The GyC project, which is located in Chihuahua State, Mexico, is host to a significant high-grade gold-silver resource.
Jonathan George, CEO and Director of Ridgestone, commented, We are excited to acquire a high-quality, high-grade gold-silver project with such a prolific mining history in the Sierra Madre mining district at an accretive value for our shareholders. This acquisition bolsters our Mexican project portfolio, in conjunction with our 100%-owned high-grade Rebeico Gold-Copper project. The addition of the advanced resource-stage GyC project along with an extensive exploration database, provides Ridgestone an excellent opportunity for new discoveries and to further delineate additional high-grad