Pitarrilla NSR Royalty

The Pitarrilla project is a grassroots discovery made by SSR Mining in 2002, located approximately 160 kilometres north-northwest of the city of Durango within the State of Durango, Mexico.

On January 13, 2022, SSR Mining announced the sale of the Pitarrilla project to Endeavour Silver Corp. As consideration for the sale, SSR Mining received US$35 million in cash, US$35 million in shares of Endeavour Silver Corp., and a 1.25% net smelter return royalty on the Pitarrilla project.