Silver Sands Resources Corp. (CNSX:SAND) acquired Complimentary Corner Pocket Copper-Zinc-Silver Massive Sulfide Project in Newfoundland from Longford Capital Corp. for CAD 0.52 million on March 9, 2022. Silver Sands acquired the Corner Pocket property from the vendor for consideration of CAD 20,000 cash on signing, and the issuance of 4,000,000 shares in the capital of the company. The company is obliged to incur CAD 100,000 of exploration expenditures in the first year and an additional CAD 150,000 in the second year on the Corner Pocket property. In addition, the vendor shall retain a 3.0% net smelter return royalty which may be reduced from 3.0% to 1.0% at any time prior to commencement of Commercial Production on payment by the company or its permitted assign(s) to the vendor of CAD 2,000,000.

Silver Sands Resources Corp. (CNSX:SAND) completed the acquisition of Complimentary Corner Pocket Copper-Zinc-Silver Massive Sulfide Project in Newfoundland from Longford Capital Corp. on March 9, 2022.