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M&A / Property

Masivo signs option to acquire Cerro Colorado property

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By The Northwire Desk — AI Analysis Oct 29, 2025 · 16:13 MASS · 0.12 Masivo Silver Corp.
Executive Summary

The October 29, 2025, news release announces that Masivo Silver Corp. has signed the definitive option agreement to acquire the Cerro Colorado property in Sonora, Mexico. This formalizes the Letter of Intent announced in February 2025.

Under the terms, Masivo can acquire 100% of the project through a series of cash and share payments over four years: - Upon Signing: Issue 300,000 common shares. - Year 1: Pay $60,000 USD and issue 1,000,000 shares (or pay an additional $100,000 USD). - Year 2: Pay $70,000 USD and issue 1,500,000 shares (or pay an additional $150,000 USD). - Year 3: Pay $80,000 USD and issue 2,000,000 shares (or pay an additional $200,000 USD). - Year 4: Pay $100,000 USD and issue 2,500,000 shares (or pay an additional $250,000 USD).

The original vendors will retain a 1.5% Net Smelter Return (NSR) royalty, which Masivo can purchase for $1,000,000 USD.

CEO David Coburn stated the company is prepared to commence drilling with defined targets, permits in process, and a $75,000 credit with a drill company for near-term mobilization. The release also notes the grant of 2,500,000 incentive stock options at an exercise price of $0.11.

Material Impact

This news is materially positive as it achieves a key corporate objective and solidifies the company's exploration strategy after a period of significant uncertainty.

MASS · Price
Company Overview

Masivo Silver Corp. is a Canadian junior exploration company focused on precious and base metals. It holds two primary projects: 1. Cerro Colorado Project (Flagship): Located in Sonora, Mexico, this polymetallic (Au-Ag-Cu-Pb-Zn) project is being acquired via a four-year option agreement. The project has encouraging historical, non-43-101 compliant drill and surface sample results and has a defined chargeability anomaly that is drill-ready. 2. Boston Mine Project: A silver-gold project in Nevada, USA. A seven-hole Phase 1 drill program was completed in late 2024. The first hole returned a positive intercept (55 ft of 1.52 g/t Au, 30.35 g/t Ag, and 0.99% Cu), but results for the remaining six holes have been pending for nearly a year.

The company has recently shifted its operational focus to Cerro Colorado, which offers year-round exploration potential.

Read the original news release →

More from Masivo Silver Corp.

Jul 15, 2026 · 10:39

Masivo reported grades and widths from one drill hole while three other mineralized holes remain undisclosed in graphics behind a CuEq that hides missing recovery assumptions.

Drill Results May 19, 2026 · 17:06

Masivo Silver Completes Cerro Colorado Drilling; Assays Await as CFO Transition Signals Governance Shift

Drill Results Apr 08, 2026 · 14:29

Masivo’s first hole hits visible mineralization – a modest but encouraging step toward scaling Cerro Colorado

Drill Results Feb 26, 2026 · 21:36

Masivo Silver begins phase I drilling at Cerro Colorado

Drill Results Feb 26, 2026 · 10:29

Masivo kicks off Cerro Colorado drilling phase as it pushes toward expansion with near-term catalysts in sight

Drill Results Jan 15, 2026 · 23:20

Masivo Silver continues Cerro Colorado drilling prep

Drill Results