"The Los Ricos property has been well known to have strong geological potential, but the development of the asset had been delayed as a result of litigation. In 2016 the Mexican courts awarded title to the Property to the private Mexican owners that are optioning the Property to the Company. Recently there have been several Mexican court decisions that have dismissed appeals that challenged the 2016 Mexican court decision. On the basis of legal opinions obtained from Mexican legal counsel, the Company is confident that any pending or future appeals to the 2016 decision of the Mexican courts will be dismissed as prior appeals were."
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