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Gold/Mining/Energy : Juniors News!

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From: canucklehead80	11/7/2011 6:24:04 PM
	of 62

Mine Low, Sell High Silver Pursuit Finances With Mexican Waste Rock By Ted Niles Mexico’s northernmost “Silver City”—Alamos in Sonora State—was founded in 1681 and built with the mineral wealth from the mines surrounding it. Silver Pursuit Resources Ltd’s TSXV:SPF La Quintera project comprises a sizeable portion of those mines. “In 1683, they discovered epithermal-type vein mineralizations at [the mining camps] La Aduana and Mina Nuevas,” President and CEO Adrian Robertson relates. “And they worked along that trend. I think there’s over a dozen different discrete mine workings along that trend that are within our claim boundary.” Located seven kilometres west of Alamos in the foothills of the Sierra Madre Occidental Range, the 4,673-hectare La Quintera project is close to current producers. Pan American Silver Corp’s TSX:PAA Alamo Dorado Mine is 40 kilometres to the southwest, and it mined 6.72 million ounces of silver in 2010. Fifteen kilometres north of the project is Frontera Copper Corporation’s TSX:FCC.NT.B Piedras Verdes mine, with annual copper production of approximately 70 million pounds. Read the rest of this article.

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