Del Toro Silver Corporation (OTC: DTOR) is a mineral exploration company focused on the acquisition, exploration and development of gold, silver and copper properties. In recent weeks, DTOR has had several material developments but has remained an under-disovered opportunity with massive upside potential for investors looking to cash in on historically high commodity prices, that is, until now. At the end of June, DTOR entered into an amendment to their option agreement with Yale Resources Ltd. to earn an additional 30% interest in the Dos Naciones property, an NI 43-101 compliant exploration project in Mexico. With this amendment, DTOR's stake in the 2,391 hectare claim climbed to 80%---that translates to more than 4,700 acres of exploration opportunity. Two weeks ago, DTOR signed a Letter of Intent with Mayo Gold Ltd. to acquire a 50% undivided interest in the company's San Marcial and Papago Properties in Sonora State, Mexico. The property concessions total 26,820 hectares, or more than 66,000 acres, in the Sonoran gold belt. If you're unfamiliar with Mayo Gold Ltd., it's a leading international exploration and mining company led by President, CEO and Director Pedro Villagran-Garcia, who has 14 years of experience founding, investing in and serving on the boards of a number of public exploration companies. This includes Fallaron Resources Ltd., which has projects with targeted annual production of 2.5 million ounces of silver and 28,600 ounces of gold. In addition to the fact that DTOR's partner in the Papago Project has a proven record of mineral production, this key property is located in Sonora, Mexico just miles away from a handful of producing gold projects, including Capital Gold Corporation's El Chanate (1.6 million ounces); Animas Resources' Santa Getrudis (1.2 million ounces); Timmins Gold's San Francisco (1 million ounces); and Yamana Gold's Las Mercedes (300,000 ounces). With a price per share less than $0.30, and a float of just 3.8 million, Del Toro Silver Corp. (OTC: DTOR) has a market capitalization of less than $2 million, and could truly be the ground floor opportunity penny stock hunters like you are looking for.
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