Vancouver-based Highlander Silver Corp. has unveiled the recent signing of a letter of intent which covers the pro-posed terms for an option to buy the 600-hectare Politunche property in central Peru, potentially expanding the miner’s South American sil-ver assets.
The asset is located in a silver-rich polymetallic belt about 15 km from the company’s flagship, Alta Victoria project, Highlander Silver Corp. said in a statement.
“The successful acquisition of the Politunche Property will add im-portant discovery potential for Highlander,” said Ron Stewart, the president and chief executive of the Canadian business, as quoted in the statement. “Not only does Politunche appear highly prospec-tive, its close proximity to the company’s base of field operations will complement our ongoing work at Alta Victoria where we continue to discover new zones of mineralisation.”