AMEEREX Signs MOU to Acquire 45.6 million-Ounce Silver-Gold Project in Nevada, Expanding Its North American Precious-Metals Portfolio
Accessnewswire·2025-12-06 17:45

Core Insights - Ameerex Corporation has signed a Memorandum of Understanding (MOU) to acquire a 100% interest in the Corcoran Canyon Silver-Gold Project located in Nye County, Nevada [1] - The Corcoran Canyon project has a substantial Inferred Mineral Resource totaling approximately 45.6 million silver-equivalent ounces (AgEq) [1] - The resource comprises approximately 39.0 million AgEq ounces that are pit-constrained and about 6.66 million AgEq ounces that are underground [1] - The deposit is characterized as a low-sulfidation epithermal silver-gold system, supported by extensive historical drilling and metallurgical work [1] Company Overview - Ameerex Corporation is a natural-resources group owned and managed by high-profile Qatari investors [1] - The company is actively expanding its portfolio through strategic acquisitions in the mining sector [1] Project Details - The Corcoran Canyon Silver-Gold Project is located in Nye County, Nevada, and is expected to enhance Ameerex's resource base significantly [1] - The NI 43-101 Technical Report indicates clear structural controls and extensive historical data supporting the project's viability [1]