Definitive Agreement For Silver-Gold-Copper Project In Elko County

VANCOUVER - Masivo Silver Corp. has signed a definitive agreement for an option to earn a 100 percent interest in a prospective silver-gold-copper project in Elko County, Nevada. The claim group comprises approximately 543 hectares (1,342 acres) consisting of 65 unpatented claims and a single patented claim covering the historic Boston Mine.

David Coburn, CEO, said, "We are very happy to have finalized this option agreement and are excited to be implementing our exploration plan in the historically prolific Boston mining camp located in Nevada, one of the top mining jurisdictions in the world."

The property covers about nine kilometers of prospective metamorphosed limestones containing silver, gold and copper stratabound skarn mineralization marginal to the contact of a Jurassic aged granodiorite intrusion. Mineralization consists of bornite, chalcopyrite and digenite with silver and gold in calc-silicate hornfels adjacent to faults and altered porphyry dikes, as well as in stratiform replacement of favorable horizons adjacent to the granodiorite contact.