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| Last: CDN$0.990 | Last: €0.875 | Last: US$0.986 |
Projects
Cordero Property
Norma Sass Property
Ruf Claims
Eagle Claims
Congress Property
BRX / Wayside Claims
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Porphyry-style Silver, Gold, Zinc, Lead
Large Bulk Mineable Targets Part of an Emerging Porphyry District
The 20,000-hectare Cordero property encompasses two high-level porphyry belts within a regional Chihuahua-Zacatecas trend of major deposits that includes Penasquito (Goldcorp), Pitarilla (Silver Standard), Camino Rojo (Goldcorp), San Agustin (Silver Standard) and others. Cordero contains a large, 15 km x 3 - 5 km mineralized system with discovery potential for multiple bulk tonnage, open pit deposits.
First NI 43-101 Resource
Exploration Phases 1, 2 and 3 ($17M, 9,000m drilling, 205 core holes) identified at least six intrusive centers and established an initial NI 43-101 Resource within two of the intrusive centers-the Pozo de Plata Diatreme and Cordero Porphyry Zone. The resource was reported as follows on June 21, 2011:
Indicated
521.MT containing 310.9Moz silver, 0.908Moz gold, 5.3 billion lbs (Blbs) Zinc, 2.9Blbs lead.
Inferred
200.9Mt containing 139.9Moz silver, 0.229Moz gold, 2.2Blbs zinc, 1.2Blbs lead.
For resource details, please see our June 21, 2011 News Release and/or the Cordero Project Mineral Resource Report dated July 2011.
The resource remains open to the north, northeast and at depth.
Phase 4 Exploration now Underway
The current Phase 4, $25M exploration/drill program (130,000m in core drilling) is working to expand the resource through step-out and delineation drilling. This program is also testing all intrusive centers to identify new mine scale targets. Three-dimensional Induced Polarization is testing unexplored gaps between the known intrusive centers.
Excellent Infrastructure near a Population Centre
The property and region host excellent infrastructure with a main hydro trunk power line located 6 km south of Cordero and a new power line being constructed along the state highway between Chihuahua and Parral located 10 km east. The nearby town of Hidalgo Del Parral (pop. 102,000), 35 km southwest by road, offers a rail head, supplies and skilled mining labor.
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| Location: | 220 km south of Chihuahua, Mexico |
| Area: | 20,000 hectares (49,420 acres) |
| Minerals: | Silver, gold, zinc, lead |
| Ownership: | 100% |
| Status: | Exploration |
Large Bulk Mineable Targets Part of an Emerging Porphyry District
The 20,000-hectare Cordero property encompasses two high-level porphyry belts within a regional Chihuahua-Zacatecas trend of major deposits that includes Penasquito (Goldcorp), Pitarilla (Silver Standard), Camino Rojo (Goldcorp), San Agustin (Silver Standard) and others. Cordero contains a large, 15 km x 3 - 5 km mineralized system with discovery potential for multiple bulk tonnage, open pit deposits.
First NI 43-101 Resource
Exploration Phases 1, 2 and 3 ($17M, 9,000m drilling, 205 core holes) identified at least six intrusive centers and established an initial NI 43-101 Resource within two of the intrusive centers-the Pozo de Plata Diatreme and Cordero Porphyry Zone. The resource was reported as follows on June 21, 2011:
Indicated
521.MT containing 310.9Moz silver, 0.908Moz gold, 5.3 billion lbs (Blbs) Zinc, 2.9Blbs lead.
Inferred
200.9Mt containing 139.9Moz silver, 0.229Moz gold, 2.2Blbs zinc, 1.2Blbs lead.
For resource details, please see our June 21, 2011 News Release and/or the Cordero Project Mineral Resource Report dated July 2011.
The resource remains open to the north, northeast and at depth.
Phase 4 Exploration now Underway
The current Phase 4, $25M exploration/drill program (130,000m in core drilling) is working to expand the resource through step-out and delineation drilling. This program is also testing all intrusive centers to identify new mine scale targets. Three-dimensional Induced Polarization is testing unexplored gaps between the known intrusive centers.
Excellent Infrastructure near a Population Centre
The property and region host excellent infrastructure with a main hydro trunk power line located 6 km south of Cordero and a new power line being constructed along the state highway between Chihuahua and Parral located 10 km east. The nearby town of Hidalgo Del Parral (pop. 102,000), 35 km southwest by road, offers a rail head, supplies and skilled mining labor.
