Millennium Silver buys Elko mine

Millennium Silver Co., a subsidiary of publicly traded Corporate Development Strategies Inc., based in Vancouver, said last week it acquired a silver project in Elko County.

The company said it acquired the Silver Star project, 15 unpatented mining claims, from Mt.

Evans Geosciences Inc.

Millennium Silver said it will pay an initial annual royalty of $10,000, and the royalty amount then will increase by $5,000 a year.Mt.

Evans Geosciences also retains a production royalty interest in the property.