Mexico's Secretariat of Environment and Natural resources notified the miner of the successful completion of the technical review phase of the company's applicatiion.
The company says that field reconnaissance and surface geochemical work will further investigate the presence of outcropping gold mineralisation over several kilometres.
It’s painful to own gold that may fall in value and doesn’t generate any income – but it could be more painful to own bonds that may fall in value while generating negative income.