Del Toro Silver Corp (DTOR) 0.0025 $DTOR
Natchez Pass Gold Property Moves Toward Production
GlobeNewswire - Mon Mar 30, 8:45AM CDT
Del Toro Silver Corp. (OTCBB
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TOR) ("Del Toro" or the "Company"
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is pleased to announce that, on March 18, 2015 Natchez Pass LLC signed a Membership Interest Agreement which provides funds in the amount of $350,000 USD to re-commence operations at the Natchez Pass Gold Property (AKA the "Nick"
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. Pursuant to the Purchase Option Termination agreement with Natchez Pass LLC executed on June 6, 2013, Del Toro owns a 5% Net Smelter Royalty ("NSR"
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on gold production at the Nick mine, and will receive 5% of the net proceeds from any sale of the Nick to a third party, with a $300,000 minimum return from such sale.