Texas Mineral Resources signs agreements for silver JV in New Mexico; Greentech to fund $6.5M feasibility study

Texas Mineral Resources Corp.

Standard Silver Corp. (TMRC subsidiary) entered Mineral Exploration and Option Agreement with Santa Fe Gold for Black Hawk Mining District, Grant County, New Mexico.
TMRC would be operator and own 50.5% of the joint venture; Santa Fe Gold would own 49.5% initially.
Greentech Minerals Holdings will fund a $6.5M bankable feasibility study in five tranches over 12-15 months.
Greentech can earn up to 20.2% of TMRC's JV equity (10.1% after feasibility, another 10.1% if it funds ~$15M capex).
Preliminary NanoTEM survey identified a strong anomaly at the Gabel vein, a potential drill target.

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