Nubian Resources Ltd. announced that the company has accelerated its purchase of the Esquilache silver project from Zinc One Resources Inc. with a one-time cash payment of CAD 350,000. Under the terms of the amended agreement entered into in January 2019, Nubian agreed to pay Zinc One CAD 661,806 in total advance royalty payments until October 2025, which amount has been satisfied by the cash payment of CAD 350,000. By negotiating and advancing this final payment, Nubian is now able to register its 100% ownership of the Esquilache Silver Project with the Peruvian Department of Mines allowing the Company to accelerate development through further drilling and engineering. The 100% ownership clears the way for Nubian to apply for a mine permits and firm up the Project community agreements. The Esquilache Silver Project includes the historical Esquilache underground silver mine and adjacent Virgen de Chapi prospect located in the Puno Department of Southern Peru and features three main mineralized zones (Sepulvada, Creston and Mamacocha). The Project covers more than 1,600 hectares across a set of hills (4,900 meters ASL) and valleys (4,300 meters ASL) where more than 200 mineralized veins and breccia pipes of various widths have been mapped. Nubian filed a National Instrument 43-101 technical report on the Esquilache Silver Project in May 2018. The Project is located 28 km east of Buenaventura's San Gabriel Gold /Silver deposit and historic drilling results at the Esquilache Silver Project include 24.2 metres of 131 g/t silver, 0.4 g/t gold including 8.1 meters of 292 g/t silver, 0.73 g/t gold. The Project was last mined for silver by Hochschild Mining in the early 1960's and 70's where historical reports mark the past mining production at approximately one million tonnes grading 3.4 oz silver, 4.8% zinc, 3.2% lead and 0.3% copper.