Soltoro Ltd. is defining further resources on its El Rayo and Tecolote properties in Mexico. These projects make up the eastern portion of the Guachinango district and Cayden Resources Inc.'s El Barqueño project makes up the western portion. Cayden is currently being acquired by Agnico Eagle Mines Ltd. for $205M. At Soltoro's primary silver project, El Rayo, 55,000+m of drilling has been completed to date. The company is in the midst of completing a revised higher grade silver resource. At Tecolote, Soltoro is investigating the potential for the property to host a bulk tonnage oxide gold deposit. Soltoro also holds a 3% royalty on Argentum Silvers Coyote and Victoria properties.
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