The Canadian exploration company acquired the property for US$ 200,000 with no subsequent obligations. Quiruvilca is about 130 kilometers from Trujillo, and mineralization in the area was first reported back in the 18th century. The mine has been continuously operating since 1940. Current grades average 150 g/t Ag, 4% Zn, 1.5% Pb and 0.5% Cu. Lida is also preparing an exploration program for its San Vicente property, less than 10 kilometers from Quiruvilca.