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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: marcos who wrote (26993)12/4/2006 2:47:32 PM
From: loantech  Read Replies (1) of 78419
 
That a good overlooked ready to produce mine in Mexico? <G> I dunno will look later maybe. Still riding my others and am very happy with my producers or soon to be producers.
EDIT:

<The Promontorio property is accessible by road from Ciudad Obregon, a major city located 75 kilometres to the Southwest which has an international airport. Located just 1.5 kilometres east of the mine site is a large level area which was formerly used as an airstrip and would be relatively in expensive to reactivate.

The claims cover approximately 37,000 hectares and are underlain by large precious and base metal-enriched hydrothermal systems hosted within a variety of rock types within a Caldera-type setting.

Historic work focused on a single breccia where disseminated to semi-massive sulphides occur in andesitic subvolcanics in one of several areas of strong hydrothermal alteration. A historic resource was calculated by Engineer Ramon Fernandez form the Comision De Fomento Minero, a federal government agency which is not compliant under NI 43-101. Based on underground exploration work from the 1920s and 1970s air track drilling, Fernandez calculated a resource of 384,000 tonnes grading 0.12 per cent copper, 2.8 per cent lead, 1.74 per cent zinc, 367 grams per tonne (10.73 ounces) silver and 1.5 grams per tonne gold (silver grams per tonne equivalent equals 17 ounces) to a depth of 100 metres, across a width of 23 metres and a strike of about 70 metres. This calculation is historic in nature, does not conform to NI 43-101 standards, cannot be verified and, therefore, should not be relied upon. Limited historic data available indicate the mineralized breccia continues beyond the limits of historic exploration. There are several other breccias identified that have had no drilling.

In addition to the breccias classic epithermal-type gold and silver, enriched veins and structures are also found on the property as are areas of copper and copper tourmaline mineralization hosted by intrusives. The copper mineralization suggests that both epithermal and breccia-hosted mineralization may be related to a copper porphyry system.>
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