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Nayarit Gold Inc. is a Canadian gold and silver exploration company formed in May, 2005. The Company controls over 102,000 hectares of mining concessions, known as the Orion Project, in the State of Nayarit, Mexico. Shares of Nayarit Gold Inc. are listed on the TSXV exchange under the symbol “NYG”.
Management’s strategy is to build Nayarit Gold Inc. into a profitable resource company and maximize shareholder value through exploration of its high quality mining properties in the State of Nayarit, Mexico. The Company is committed to working with the government and people of Mexico to achieve a modern and sustainable mining region. The Company follows best practices in health and safety, environmental and community engagement.
Nayarit Gold Inc.’s management team consists of highly experienced mining and financial professionals. The Company has acquired concessions in a historic mining district and applies the best available exploration technologies to prioritise and drill targets. The Company has completed the Phase One drill program during which significant gold and silver mineralization was discovered. Phase II drilling program has now started.
Flagship Project. The Orion Project lies in the Sierra Madre Occidental, a prolific mining district in northern Mexico. The project hosts a series of old high-grade silver and gold mines, all of which lie in an east-west vein system. This vein system may be an unrecognized bonanza silver-gold district, similar to other Ag-Au bonanza epithermal vein districts of Western Mexico, such as Tayoltita District. Early results from Phase I drilling on the Animas Vein are pointing to bonanza potential. These types of mineral systems can extend for considerable distances and up to 1000 metres depth.
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