Fabled Silver Gold Corp. has an experienced management team that has been involved in mining and exploration in Mexico for many years and is capable of successfully implementing the Company's objectives. The Company's mandate is to focus on acquiring precious metal properties in Mexico with blue-sky exploration potential. As such, it has entered into an agreement to acquire the Santa Maria Project.
The Santa Maria Project, a high-grade silver-gold project, is located in the mining-friendly jurisdiction of the City of Parral, Chihuahua, Mexico. The Parral mining district is located in the center of the epithermal silver-gold vein districts of the Mexican silver belt. The belt has been recognized as a significant metallogenic province that has reportedly produced more silver than any other corresponding area in the world.