SILVER is definately mentioned:
Three of them mentioned in the Mexico Holdings, but I suspect that all copper Phrophrys have some AG also. RE: jaba.com
JABA Inc., ARTURO PROJECT
SONORA, MEXICO
Arturo is a volcanic-hosted gold-silver property located 60 km southeast of the 15.8 billion pound
copper mines of Nacozari and La Caridad. Mineralization occurs within a high-level, epithermal-?
environment associated with a rhyolite porphyry dome within an area of complex, intersecting
caldera rims studded with numerous mid-Tertiary rhyolite porphyry resurgent domes.
In 1981, UraMex examined the area for uranium in response to an airborne radiation survey, which
resulted in the drilling of 11 holes (1,200m total) and a 15m adit within the most altered area. No
core samples survive, but of the 116 samples collected by JABA outside the rhyolite dome, 93 were
in silicified breccia with values up to 0.15 ppm gold with anomalous silver, arsenic and molybdenum.
Within the uraniferous rhyolite porphyry dome, there is a 300m by 400m area of argillization,
silicification and breccia-hosted mineralization. Surface and adit samples primarily from
fault-brecciated rhyolite and quartz veins in this area reported values up to 0.43 ppm gold, 26.5 ppm
silver, 1,080 ppm arsenic, 8,700 ppm molybdenum and anomalous uranium, supporting the
high-level porphyry-style mineral potential.
JABA has signed an option with the owners for a free first year, with US$15,000 due annually on the
8th of August with a buy-out of $US3.96 million after 6 years. No NSR's are attached to the
property, but an increase in annual payments is due if the property is passed through to another
company.
Location: 190 km northeast of Hermosillo, near the town of Huasabas and 70 km east of
JABA's Opata project.
Property Size: 1,645 has (16.45 sq km / 6.4 sq. mi)
Infrastructure: Fair, one hour ride on good road from Moctezuma
JABA Inc., NIKO PROJECT
CHIHUAHUA, MEXICO
25 kilometers east of the mining town of Naica lies a low range of hills that are the Niko property.
Naica hosts a world-class, 25-million-tonne poly-metallic silver-zinc-lead-copper-gold-tungsten ore
body in altered limestone that has been mined continuously and profitably since the late 1800's.
Enrique Saldaña, Chief Geologist, Compañia Minera JABA, S.A. de C.V., noticed that the Cerros
Prietos (the Dark Hills, our Niko Hills), shown on the Chihuahua geologic maps as volcanic rocks,
were actually white marble startlingly similar to the Aurora Hill that overlies the ore body at Naica.
The Niko area has known small-scale mercury mining, and our geochem shows a cluster of areas
that are convincingly anomalous in appropriate metals to suggest that a ‘Naica twin' analog may
exist beneath Niko outcrops. No geophysics has yet been done. Naica revealed itself at the
surface only in manganese-oxide-clad calcite veinlets, and it appears that a 1,000-foot vertical hole
anywhere in the manganese vein zone from the Naica surface would have cut mineralization. The
same veinlets and other favorable signatures such as mercuric veins, silica-sulfide nodules in
breccias, and a 50- by 85-meter-wide manganese-cemented breccia pipe are found at Niko.
Nodules of strongly re-crystallized skarnoid chert or siltstone were recently discovered on the most
geochemically anomalous hill; assays are pending. JABA management considers the Niko area an
exciting prospect for a major deposit for silver, zinc, lead, copper-gold production; JABA holds 100%
control, with a minor buyout upon discovery. Negotiations with a major joint venture partner are
currently underway.
Location — 100 km southeast of Chihuahua City, State of Chihuahua, Mexico
Excellent infrastructure = surface water, railroad, power, highway.
JABA Inc., CENTAURO PROJECT
CHIHUAHUA, MEXICO
A profoundly important result of the 1980's and 1990's has been the recognition that there are many
subsets of ‘epithermal' deposits of gold and silver, generally with mercury, arsenic, and antimony.
One of those subsets involves feeder veins that extend up through shallow rocks into sub-horizontal
silicification caps, blanket-form bodies that were sub-horizontal solution boiling zones, as seen at
Grassy Mountain, Oregon, Wind Mountain and Round Mountain, Nevada, Waterloo and McLaughlin,
California, Hardshell, Arizona, quite possibly at Pierina, Peru and at El Sauzal near Batopilas,
Mexico, 150 miles to the west of Centauro. These deposits vary in their economic metal ratios but
are equivalent in their porous-permeable host rock characteristics and their low
pressure-temperature environments of formation. At Centauro, there is a broad carapace of
silica-replaced limestone conglomerate, now a tabular bold hilltop jasperoid, a slab measuring 1.5
by 2.5 kilometers in area and perhaps 100 meters thick. The property has been leased and
sampled by three companies, the last of which this spring drilled six 300-meter reverse circulation
holes, five at the south end and one near the north end. All of the drill holes appear to have been
sited too low in the section and on the margin of the hydrothermal system as we interpret it; the
nearly barren holes at downward angles took them below the propitious silica horizon. Having
revisited the area (we recommended it to ‘competition' before JABA was formed) and having seen
the placement of the holes (placed by them to keep costs low), and having collected realgar and
orpiment (sulfides of arsenic, an indicator of gold) in outcrop in a black silicified ‘feeder' zone, JABA
suggests a grid set of 8-10 vertical drill holes from the high silicified outcrops down through the fossil
boiling zone where we predict that the gold-silver values exist. The El Sauzal ‘delayed discovery'
through the perseverence of Alain Charest of Francisco Gold we think will prove precisely
analogous. Subject to a minimal buyout, JABA controls 100% of the deposit, which has
multi-million ounce gold and silver potential.
Location - 270 km southeast of Chihuahua City in the State of Chihuahua, Mexico
Excellent infrastructure - power, railroad, highway.
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