Letter Agreement Accord for 14,000 has. in Baja California Sur, Mexico
January 3, 2012
HILTON HEAD, SC – December 30, 2011 – Silver Scott Mines,Inc. (OTC: SILS.pk) is pleased to announce the execution of a stockbased 4 year earn in agreement for exploration covering more than 14,000hectares in Baja California Sur. These two main concessions arelocated near the recently discovered gold deposit, Los Planes, byPediment Gold Corp. in 2007 containing 1.66 million ounces of gold andthe Concordia gold deposit with 2.28 million ounces of gold. Agreement allows the company to investigate high potential targetswithin these two mineralization trends, one of known gold deposits andthe second trend having silver-gold deposits.
Previous work on the projects has been mostly historic with numerousmines and mills operated around 1900 and one mill operated on the SinRival Mine in 1950’s. More recent sample activity has outlined 3 largezones of alteration with anomalous gold and silver mineralization thatcan be drill tested easily which are partly located on private lands.
Mel Herdrick, Chief Geologist for the company, who has reviewed andapproved this release commented, I am very familiar with the SanAntonio and Triunfo area where there is excellent potential to furtherdefine large gold and silver deposits. I am pleased this agreementallows us to rapidly begin definition of large mineralized zones withpotential for large deposits.
