Wheaton will provide a total of $180.5 million under terms of a metals streaming deal, and Trafigura will provide $55 million under terms of an offtake financing agreement.
The Pitarrilla project, 160 km north of the city of Durango, has measured and indicated resources of 164.7 million tonnes grading 99.1 grams silver per tonne.
Gov't expects $25bn in investments related to 34 projects currently in advanced exploration, as the deadline to restructure billions in debt to the IMF looms.