Located in SLOCAN mining camp, these properties include 25 mining claims, totalling over 6,000 hectares of already verified high grade silver showings.
The terms of the agreement provide for payments a three-year period with predetermined minimum value of exploration work that has to be expedited on the properties.
If exploration work determines the project as a feasible mining operation, Alta will be in position to accelerate payments and become a lawful registered owner of the mining claims, the company said.
The company said it is currently compiling all available geological and technical information on the properties collected through the due diligence work.
