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The latest update is out from J2 Metals Incorporation ( (TSE:JTWO) ).
J2 Metals Inc. has secured a three-year option to acquire the 2,200-hectare Sierra Plata silver-antimony project in the Zacualpan District near Taxco, Guerrero, Mexico, from producer Impact Silver Corp. The district-scale property hosts five past-producing silver mines, numerous historic workings, and strong silver and antimony prospectivity, and lies adjacent to claims held by Grupo México and Impact, with J2 believing the historic multi-level San Miguel mine extends into its ground and could be a candidate for restart at current silver prices. By accessing Impact’s technical expertise, regional drilling infrastructure, and nearby processing facilities, J2 aims to advance exploration in a major historic silver district while also strengthening its leadership bench with the appointment of veteran resource executive Simon Clarke to its board, positioning the company to better execute growth and capital markets strategies as it develops Sierra Plata.
More about J2 Metals Incorporation
J2 Metals Inc. is a Canadian mineral exploration company focused on precious and critical metals, targeting district-scale opportunities in historically productive mining regions. The company seeks to acquire and advance projects with strong silver and strategic metal potential, leveraging partnerships with established producers and local technical teams to accelerate exploration and potential development.
Average Trading Volume: 33,840
Technical Sentiment Signal: Buy
Current Market Cap: C$4.16M
See more insights into JTWO stock on TipRanks’ Stock Analysis page.