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An announcement from J2 Metals Incorporation ( (TSE:JTWO) ) is now available.
J2 Metals Inc. has entered into a three-year option agreement with Impact Silver Corp. to acquire the 2,200-hectare Sierra Plata silver-antimony project in the historic Zacualpan District near Taxco, Mexico, a land package that hosts multiple past-producing silver mines and is considered highly prospective for both silver and the strategic metal antimony. The deal gives J2 access to Impact’s local technical expertise, infrastructure, and nearby processing facilities, positioning the company to revive and expand production potential in a renowned silver district, while the appointment of veteran mining executive Simon Clarke to the board is expected to strengthen its leadership and capital markets capabilities as it advances the project.
More about J2 Metals Incorporation
J2 Metals Inc. is a Vancouver-based mineral exploration company focused on precious and strategic metals, particularly silver and antimony. Listed on the TSX Venture Exchange under the symbol JTWO, the company targets district-scale projects in historically prolific mining regions, leveraging partnerships with established operators to advance exploration and potential development.
Average Trading Volume: 33,840
Technical Sentiment Signal: Buy
Current Market Cap: C$4.16M
For a thorough assessment of JTWO stock, go to TipRanks’ Stock Analysis page.