MacMillan Minerals Inc. (MMX.V) has received the title documents for each of the 5 concessions being sought by the company.
The 5 concessions cover an area of 1,036 hectares in the state of Nayarit. These concessions have been added to the company’s Las Cucharas Project bringing the size of this project to eighteen concessions covering 4,679 hectares.
George A. Brown, President, said: “We have anxiously awaited these titles and now have these very encouraging drill results which add further evidence to our concept that the six kilometre long by two kilometre wide corridor within our Las Cucharas Project is widely mineralized with excellent potential to host a significant resource of gold and silver.”
MMX dropped nearly 17% to $0.025, almost hitting 52-week low 2 cents.
