mining investment project, developed by mexican

Transcription

“MINING INVESTMENT PROJECT,
DEVELOPED BY MEXICAN
GEOLOGICAL SURVEY”
MINING PROJECTS BY PUBLIC BIDDING IN 2014
Seaport
Ensenada
NO.
2
Mexicali
1
3
16
7
8
10
9
Hermosillo
Seaport
Santa
Rosalia
Seaport
Isla de Cedros
11
Chihuahua
5
17
15
Monterrey
6
Seaport
La Paz
Saltillo
Culiacán
PROJECT
1
2
3
Delia
4
Ixtepec
5
6
7
8
9
10
Red. Las chinacas
San juan-la paz
El porvenir
El indio
La fluorita 01
La fluorita 02
11
La india
STATE
SUBSTANCE
Son.
Au
15,170
102
93
Oax.
Au, Ag, Pb, Zn, Cu
3,850
Delia
Mexicali fracc. 8
Mexicali fracc. 9
Son. y Chih.
B.C.S.
Chih.
Chih.
Coah.
Coah.
HA
Au, Ag, Pb, Zn, Cu 10,564
146,329
P2O5
Ag, Cu
33,476
E.T.R.
16,440
CaF2
56,963
31,671
CaF2
CaF2
19,938
SURFACE
334,596
Coah.
18
Durango
Cd. Victoria
Seaport
Mazatlán
Zacatecas
Seaport
Cabo San Lucas
Nayarit
NO.
PROJECT
STATE
SUBSTANCE
13
14
15
16
17
18
Jáltipan 1
Jáltipan 2
Red. Rancho
Viejo
Chupaderos
Los Borregos
Red. Hidalgo
Fracc. 29
Picacho
Ver.
Ver.
Mich. Jal.
N.L.
Chih.
S
S
Au
Ag, Pb, Zn
Mn
4,006
Querétaro
Guadalajara
23,359
Campeche
Toluca
Puebla
13
9,033
16,031
4,100
Seaport
De Lázaro Cárdenas
Ag,Zn,Pb,Cu
1,379
Tams.
E.T.R.
4,433
SURFACE
62,341
Seaport
Capital
12
Highway
Chilpancingo
Oaxaca
4
Tuxtla Gutierrez
Seaport
De Acapulco
Coah.
Seaport
De Cozumel
Seaport
De Veracruz
D.F.
Morelia
Colima
Merida
Pachuca
14
Seaport
De Manzanillo
Seaport
De Progreso
Seaport
De Tuxpan
Aguascalientes
Guanajuato
HA
Seaport
Vallarta
12
Seaport
De Tampico
San Luis Potosí
Graphic Scale
Seaport
Salina Cruz
0
250
Kilometers
500
1. Delia / TecnicalSheet
LOCATION
Puerto Peñasco and Plutarco Elías Calles Municipalities, Sonora, México.
PROPERTY
15,365 hectares.
INFRASTRUCTURE
Located 37 kilometers to the Northeast and Southwest respectively of Puerto Peñasco (45,000 habitants)
and Sonoyta (12,900 habitants) cities, in Sonora state, connected by 34 kilometers of paved road and 3
km unpaved road. The line high-voltage closest is located 23 km on the federal highway No. 8.
SURFACE RIGHT
The mining property is settled in 5 Ejidos:. Alfredo V. Bonfil Ejido (106 members), Valle Verde (48
members), Gral. Benigno Serratos (84 members), División General Lázaro Cárdenas (61 members),
N.C.P.E. Dotación Aquiles Serdán (66 members).
DEPOSIT TYPE
MINERALIZATION
HOST ROCK
ALTERATION
ORE GRADE
GEOLOGICAL POTENTIAL
STATUS
GEOLOGICAL STUDIES
GEOLOGICAL SETTINGS
SURROUNDING MINES
Orogenic Bulk tonnage Deposit.
Gold.
Schist, gneisses and deformed granites.
Silicification and argitilization.
0.52 g/t.
2’500,000 of gold Ozs.
Early stage.
Mobile metal ions (MMI), geochemistry and studies of Geophysics (gravity and electromagnetic).
Total investment $115,191.18 USD.
The area is mainly covered by fine-grained thick-clastic sequences.
Founding into the orogenic gold belt, in the gold orogenic deposit type, at Northwest to the Sonora,
structurally-controlled by faults systems and fractures. The Project is located 45 kilometer at Northeast
from the open pit mines, property of Peñoles Co., “La Herradura”, (resources M&I,I 4.2 million Ozs. of
gold), “Soledad-Dipolo” (resources M&I,I 2.36 million Ozs. of gold) “Noche Buena” (resources M&I,I
1.6 million Ozs. of gold) and Aurico Gold “El Chanate” (resources M&I, I 1.73 million Ozs. of gold).
1. Delia
Project
Delia project is located in the Puerto Peñasco and Plutarco Elías Calles municipalities. It is located 37 kilometers
north-east and west respectively of the populations of Puerto Peñasco and Sonoyta, in Sonora state, being well
connected by 34 kilometers of paved road (Federal Highway No. 3) and 3 kilometers of dirty road.
As part of a regional exploration program to identify evidence related to orogenic gold deposits, a high resolution
magnetic- radiometric survey and the results indicate that there is a relationship between the anomalous high, low
and known deposits so, given the geological regional context, which determines the NW - SE structural evidence.
Graphic Scale
0
2.5 5
Kilometers
10
Were collected 904 soil samples to be analyzed
by the method of Mobile Metal Ion (MMI) with
separation of 300 meters, in 28 lines in the
N45°E direction, and were collected every 500
meters. The Ag, As, Au, Hg, Pd and Sb assays
were processed in the laboratory “Australia
Minerals” (LAS) for
their expertise and efficiency. The gold and silver
anomalies show remarkable agreement with the
geophysical guidelines.
MMI Gold Anomalies
The response factors were calculated by dividing
by 0.02 gold ore grades. A high ratio suggests
good chance that an element is present at depth.
Any sample with ratio of 10 or greater was
considered anomalous. Specifically, a factor of 80
times higher than the background value was
calculated.
The most important geochemical anomaly spans
an area of 2 km2 in south‐central “Delia Project”
portion coincides with the projection
of intrusive bodies with terrestrial exploration
interpreted
resistivity
and
gravimetric.
High‐resolution geophysical results, MMI
geochemical anomalies and geological structural
context analysis on the project, suggest an
attractive area for additional exploration.
Times upper the anomal value
0-9
31-40
10-20
> 40
21-30
Graphic Scale
0
1
2.5
Kilometers
5
1. Delia
Project
EXPLICATION
QUATERNARY
Qhoal
Alluvium
Qholi
Litoral
Qhola
Lacustre
Qhopa
Palustre
Qhoeo
Eolian
QptCgp
Conglomerate polimictic
TERCIARY
TmB
Basalt
TmTR-Da-A Rhyolitic tuff-Dacite-Andesite
JURASSIC
JimR-Ar-A
Sandstone-Andesite
PALEOZOIC
CipcpCz-Do-Ar Limestone-Dolomite-Sandstone
PROTEROZOIC
pTimGn-E
Gneis-Esquisto
ROCAS ÍGNEAS INTRUSIVAS
TeoGr
KsTpaGr-Gd Granite-Granodiorite
Graphic Scale
0
10
20
Kilometers
Granite
40
JmsGr
Granite
pTmGr
Granite
Geologically
stands
at
Orogenic Gold Belt of
Northwestern
Caborca
Sonora, a stretch in which
important
deposits
associated with Proterozoic
metamorphic and intrusive
rocks
were
emplaced
Paleozoic. Examples are
mines:
“La
Herradura”,
“Soledad‐dipoles”
and
“Noche Buena”, which total
reserves sum 8 million gold
ounces.
Return to general plane
1. Delia
Project
EXPLICACIÓN
MINING ASSIGNMENT DELIA
NORMAL FAULT
SHEAR FAULT
LINEATION
GEOLOGY
CUATERNARY
EOLIC
SAND-SILT
GRAVER-SAND
PROTEROZOIC
LOWER-MIDDLE
GNEISS-SCHIST
INTRUSIVE IGNOUS
ROCKS
DIORITE-GRANODIORITE
GRANITE
GRANITE
GRANITE
Graphic Scale
4
2
0
Kilometers
4
4. Ixtepec / TecnicalSheet
LOCATION
Ixtepec, Municipality, Oaxaca State, México.
PROPERTY
3,850 hectares.
INFRASTRUCTURE
SURFACE RIGHT
DEPOSIT TYPE
MINERALIZATION
HOST ROCK
ALTERATION
ORE GRADE
STATUS
GEOLOGICAL STUDIES
GEOLOGICAL SETTINGS
SURROUNDING MINES
Located 7 km at North from Ixtepec City, (26,450 habitants). This city has an unpaved road with length of
7 km, connecting the project, passable all the year. The project is far 70 kilometers northeast from Salina
Cruz port and 290 km west of Oaxaca city, with a population of 543,721 habitants. The nearest electrical
substation is located in Ciudad Ixtepec, at a distance of 4 km and La Venta Central Eoloeléctrica, at a
distance of 5 km.
This mining property is seated in the community of Ixtepec (911 community members).
Low hydrothermal sulphidation.
Au, Ag, Pb, and Zn.
Metavolcanic sequence.
Argillic.
1 g/t Au, 80 g/t Ag, 2% Pb, and 2.5% Zn.
25 million tons @ 1 g/t Au, 80 g/t Ag, 2% Pb, and 2.5% Zn, 800, 000 Oz Au, 64.5 million oz Ag,
500,000 tons Pb, 625,000 tons Zn.
Early Stage with 6 drill holes in 1,167 meters made by the SGM.
Drilling, rock samplings as well as channel, geochemistry and geological mapping samples.
Low to medium temperature, mineralization occurs in a series of sub-parallel veins and veinlet’s
and is considered a large-tonnage and low-grade deposit.
Located 100 kilometers to the east of the “San José de Gracia” Mine from Golden Trump Resources,
with 250,000 tons, with 1.59 g/t Au, and 260 g/t Ag ore grade.
4. Ixtepec Project
This Project is connected with Ixtepec city, traveling a distance of 7 km by unpaved road passable in all
seasons. Also, is located 70 kilometers northeast of the port of Salina Cruz and 290 kilometers west of
the Oaxaca city.
The geological potential is estimated at 25 million tons of mineralized rock with an ore grading
average of 1 g/t Au, 80 g/t Ag, 2% Pb and 2.5% Zn.
It is located 100 kilometers east of Mina “San José de Gracia”, property of Golden Trump Resources, with 250,000 tons with an ore grading average 1.59 g/t Au and 260 g/t Ag.
98°W
96°W
94°W
N
18°N
Tuxtepec
18°N
Mariscala
Cuicatlan
Huajuapan
Teposcolula
Ixtlan
Nochixtlan
Tlaxiaco
Etla
Zacatepec
OAXACA
Putla
IXTEPEC
Choapan
Santiago
Amoltepec
Matías
Romero
Zimatlan
Santa María
Chimalapa
Ixtepec
Ejutla
Pinotepa
Nacional
Juchitan
Juquila
Tehuantepec
Miahuatlan
Río
Grande
Salina Cruz
16°N
16°N
Puerto
Escondido
Graphic Scale
Puerto Ángel
98°W
96°W
94°W
0
50
Kilometers
100
4. Ixtepec Project
Oldest rocks in the region are late Jurassic metavolcanic outcropping along a NW‐SE strip, north of the
project. They are followed by a Neocomian meta‐sedimentary sequence topped by Albian limestone
and dolomite. By Paleocene, clastic rocks are deposited, and by Miocene, a magmatic event takes place
during which andesite‐dacite tuff, subvolcanic dacite intrusions and granite granodiorite are emplaced,
a suite that is part of the Southern Sierra Madre Magmatic Arch.
Ixtepec Height is located in the east flank of a tectonic graben limited by a NW‐SE system of faults
along which intrusion of crystalline and hypabyssal rocks into the previous meta‐volcanic, meta‐
sedimentary as well as the andesite and conglomerate sequences.
It is possible that during the late sub‐volcanic stage, saturated hydrothermal fluid were circulating to fill
the micro‐fractures and faults systems.
As a result, quartz veins and veinlets parallel systems are observed bearing galena, sphalerite, pyrite
and chalcopyrite in an intense argillic alteration and silicified zone generating an outstanding oxidized
and leached aureole. Such arrangement suggests a
gold‐silver‐associated high sulfidation conditions.
4. Ixtepec Project
EXPLICATION
QUATERNARY
Qhoar-lm
SAND-SILT
TERCIARY
Tm TA-Tda
ANDESITIC TUFF-DACITIC TUFF
TpaeLm-Cgp SILTSTONE-CONGLOMERATE
POLIMICTIC
CRETÁCEOUS
KaceCz-Do
LIMESTONE-DOLOMITE
JURASSIC
Js(?)MV
METAVOLCANIC
INTRUSIVE IGNOUS ROCK
Tm Gr-Gd
Tm PDa
DDH IX-04
GRANITE-GRANODIORITE
DACITIC PORPHYRY
DRILLHOLE DONE
Graphic Scale
0
1
2.5
Kilometers
5
5. Red. Las Chinacas / TecnicalSheet
LOCATION
Ascensión, Chihuahua, México.
PROPERTY
10,564 hectares.
INFRASTRUCTURE
Located northeast of the Álamos city, Sonora state, with a population of 24,500 habitants and 325
kilometers southeast of Hermosillo city, Sonora, with a population of 715,000 habitants. Accessed by
paved highway up to the Álamos city, from there 66 km for unpaved road until the project. The nearest
electrical substation is located 50 km in the town of Álamos, Son.
SURFACE RIGHT
This mining property is found seated between 2 common lands: “Saharibo” (78 common land members)
and “La Vinatería” (107 common land members).
DEPOSIT TYPE
MINERALIZATION
HOST ROCK
ALTERATION
ORE GRADE
STATUS
GEOLOGICAL STUDIES
Polymetallic epithermal low sulphidation (veins and stockwork quartz).
Gold, silver and secondary mineralization of copper and zinc.
Andesites, tuffs from the river, sandstones and plutonic intrusions.
Strong silicification and argitilization.
0.5 g/t Au, 100 g/t Ag, and 1% Cu.
150,000 Ozs. of gold and 25 million Ozs. of silver.
Early stage.
Geological mapping and rock sampling. Total investment $78,150.82 USD.
GEOLOGICAL SETTINGS
The geological-structural framework, the metal content and the geochemical interpretation, allow a
proposal of at least two-stages of mineralization. The first would be an (surface) high temperature event
with Au-Cu, widely-held that might constitute a large volume diseminated deposit.
SURROUNDING MINES
Locating 70 km in straight line from the “Mulatos” mine (4.5 million Ozs. of gold, Alamos Gold), at 18
km west of ” Piedras Verdes” (50.3 million tons of copper, Frontera Copper Coporation), at 19 kilometers
at south from open pit, “Álamo Dorado” (89 million tons @ 77 g/t Ag, 0.32 g/t Au mineral contain, 220.7
Silver Oz. and 0.9 Oz Gold, Panamerican Silver Corp.) At 60 kilometers south from the “San José de
Gracia” Project (Dyna Resource, Inc. 1.2 million gold Ozs.), and 50 km far from “El Sauzal” project,
(4.1 million Gold Oz, from Gold Corp.).
5. Red. Las Chinacas Project
It is located northwest of the
MEXICALI
Tecate
Tijuana
ESTADOS UNIDOS DE NORTEAMERICA
N
Real del Castillo
Sonoyta
Ensenada
CD. JUAREZ
ISLA
MONTAGUE
San Vicente
BISMARK
Agua Prieta
Nogales
Puerto
Peñasco
San Felipe
Altar
Caborca
Janos
Santa Ana
San Quintín
Nacozari
Loma de
Arena
N. C. GRANDES
Benjamíin Hill
El Rosario
Moctezuma
ISLA ANGEL
DE LA
GUARDA
HERMOSILLO
Sahuaripa
Mazatán
Bahía de los
Angeles
ISLA SAN
ISLA DEL
ESTEBAN
TIBURON
ISLA
CEDROS
CHIHUAHUA
Ures
Calamajue
Coyame
Namiquipa
OJINAGA
Yécora
Yepachi
Nuri
M. Benavides
CHIHUAHUA
Julimes
La Junta
CUAUHTEMOC
BAJA CALIFORNIA SUR
DELICIAS
La Perla
Guaymas
LAS CHINACAS Cd. Obregón
Navojoa
Creel
Carichi
Naica
Nonoava
JIMENEZ
Balleza
Guachochi
0
100
Gpe. y Calvo
200 Km
town of Alamos and from
there you must travel 66 km
CAMARGO
Alamos
Graphic Scale
Access is by paved road to the
Falomir
A. Obregón
Tecoripa
El Arco
the Hermosillo city, Sonora.
Sueco
F. Magón
San Carlos
Punta
Prieta
325 kilometers southwest of
Porvenir
Cananea
Magdalena de Kino
town of Alamos, Sonora and
PAR
RAL
until arrive to the project.
3’025,000
730,000
735,000
740,000
3’025,000
To TR‐R
To TR‐R
Te PA
3’020,000
3’020,000
To TR‐R
To TR‐R
Four geological and mining importance areas were
identified: “El Capulín”, “Las Chinacas”, “Yecaroma”
and “La Verde”.
Ks Tpa A‐TA
Ks Tpa A‐TA
The prospect “Las Chinacas” the polymetallic
epithermal low sulphidation mineralization is
emplaced as silicified outcrops, gaps and networks as a
result of hydrothermal veinlet filling systems normal
lateral faults and shear. The host rock consists of
rhyolite and andesitic tuffs, andesite, granodiorite,
diorite and sandstone of Late Cretaceous-Pliocene.
Mineralization consists of gold, silver, copper and zinc.
Tpa Gd
3’015,000
3’015,000
To TR‐R
Ks Tpa A‐TA
Ks Tpa A‐TA
To TR‐R
To TR‐R
Ks Tpa A‐TA
To TR‐R
735,000
730,000
740,000
Graphic Scale
0
ToTR-R
1
RHYOLITIC TUFF
RHYOLITE
KsTpaA-TA ANDESITE
ANDESITE TUFF
2
Kilomers
4
TePA
ANDESITE PORPHYRY
TpaGd
GRANODIORITE
In the Capulín, are two mineralized structures emerge:
the “Tantabique” vein with ore grades average 0.27 g/t
Au and 89 g/t Ag and “Las Tinajas”, with an average
ore grade 0.15 g/t of gold.
Las Chinacas a 2 km2 area intensely oxidized, where
advanced argillic alteration seen; an anomaly that has
an average of ore grade with 0.17 g/t Au was defined.
735,000
740,000
3025,000
730,000
EL CHIRIVO
BLOCK
Yecaroma, is an area where advanced argillic
alteration and silicification is observed, in which
some silicified outcrops scattered throughout the
area are easily identified and also observed
dissemination sulphide in the rock. The “Santa
Elena” vein reported average content of 0.2 g/t Au
and 148 g/t Ag ore grades, the vein “El Jabalí”
gave 0.14% Zn and 0.2 % Pb ore grades.
RHYOLITES
3020,000
La Verde, the samples collected in the northern
portion reported 1.6 g/t Au, 319 g/t Ag and 2.29%
Cu, while in the south gave contents of 0.39 g/t
Au, 0.47% Zn and 0.95% Pb.
YECAROMA
LAS
MILPILLAS
BLOCK
Sili‐
OXI
Sili‐
OXI
Sili
ANDESITES
3015,000
ARGI‐OXI
Sili‐
LAS
OXI
CHINACAS
Sili‐
OXI
Argi‐
OXI‐Sili
Sili‐
OXI
The geological potential is estimated in 150,000
gold ounces and 25 million silver ounces, with ore
grade average of 0.5 g/t Au and 100 g/t Ag.
Argi‐ OXI
OXI
Sili‐
OXI
ARGI‐OXI
Sili‐
OXI
Contact
ESCALA Scale
GRÁFICA
Graphic
Km
0
1
2
3
4
5
Fault
Alteration
ARGI‐OXI
Curvilinear
Within a circle with a 60 km radius around the
“Reduction Chinacas Assignment” we can found
the following mines; “Mulatos” mine (4.5 million
ounces of gold, Álamos Gold), “Piedras Verdes”
(50.3 million tons of copper, Frontera Copper
Coporation), “Álamo Dorado” open pit (89 million
tons at 77 g/t Ag, 0.32 g/t Au containing 220.7
ounces of silver and 0.9 ounces of gold.
Panamerican silver Corp), “San José de
Gracia” Project (Dyna Resource, Inc. 1.2 million
ounces of gold) and “El Sauzal” project, 4.1
million ounces of gold, Gold Corp.
6. San Juan La Paz / TecnicalSheet
LOCATION
La Paz, South Baja California State, México.
PROPERTY
146,329 hectares.
INFRASTRUCTURE
Located in the southeastern portion of the South Baja California State, in a N70°W direction and 80 km
in straight line from the “La Paz” city, with a population of 219,600. Access is from this city traveling by
the federal Road No. 1, and taking a deviation in the kilometer 112, to the project, traveling 6 to 8 km on
unpaved road. The line nearest electrical energy is located in the town 13 km Pocitas.
SURFACE RIGHT
This mining property includes 7 common lands: “Ley Federal de Aguas Número Dos”, (293 members),
“Ley Federal de Aguas Número Tres ” (306 members), “N.C.P.E. Flor de California” (74 members),
“N.C.P.E. Alfredo Vladimir Bonfil” (127 members), “San-Hilario” (78 members), “N.C.P.E. Ignacio
Zaragoza” (112 members), “N.C.P.E. Ley Federal de Reforma Agraria Dos” (68 members).
DEPOSIT TYPE
MINERALIZATION
HOST ROCK
ALTERATION
ORE GRADE
STATUS
GEOLOGICAL STUDIES
Singenetic marine sedimentary.
Phosphorite.
San Gregorio formation siliclastic sequence.
No observation.
17 % P2O5.
Mantles, with 3 kilometers of longitude and 75 centimeters thick.
Early stage.
Geological mapping and rock sampling. Total investment $102,190.83 USD.
GEOLOGICAL SETTINGS
Marine sediments from Holocene to Paleocene and continental volcanic rocks. The host rock is “San
Gregorio formation” and consists of shale, sandstone sequence, limonite, phosphate tufts or siliceous
shale and sandstone with enriched phosphorus granular, aged Oligocen-Miocen.
SURROUNDING MINES
Located 20 kilometers at west of the “Rofomex 2” mine, belonging to the Fertinal Group, with an
infrastructure to extract and benefit mineral, with a capacity of 15,000 tons per day using the method of
flotation with a production of 3,000 tons concentrate per day.
6. San Juan – La Paz Project
Located at the southeastern to Baja California Sur State
portion, 70° to the northwest and 80 kilometers in a
straight line from “La Paz” capital city. The access begins
since this city by the federal Highway Number 1, in the 112
kilometer there is the deviation to the project, traveling 6‐
8 km by unpaved road.
The outcrops come into regionally sequences inland
marine sediments and volcanic rocks ranging in age from
Paleocene to Holocene.
The “San Gregorio” Formation of Oligocene ‐ Miocene is
composed of sandstone, shale mudstone tuffaceous
phosphate or silica (porcelain), siltstone and sandstone
containing granular phosphorite and also is the most
important unit of rock that contains the mantles of
phosphorite.
The interest zone its located 20 kilometers west of the
Fertinal Rofomex Group 2 mine, which has infrastructure
for extraction and processing of ore, with a capacity of
15,000 tons/day using the flotation method with a
production of 3,000 tons/day concentrate.
Graphic Scale
0
25
Kilometers
50
Five areas of importance were identified; “San Hilario”, “Laguna Cota”, “La Matanza”, “Cañada del
Cerro” and “El Gavilán”. Structures that are of most interest are a pair of mantles known as “San
Hilario”, and can be observed for about 2.5 km, and “Laguna Cota” along almost 3.7 km, both
variable toward the NW30°‐ 60° W and dip soft NE from 02° to 04°. The thickness
also has variations ranging from 0.20 to 1.50 meters.
With the assays results performed to the samples collected, we obtained average ore grade 17 %
P2O5 for mantles.
It is estimated that the mantles may extend for 20 km to reach the eastern boundary of the project,
and lthough not emerge in full; it is the same mineralized horizons that arise and operated in “San
Juan de la Costa”.
For this reason and geological characteristics of the region, it is estimated geological potential
constituted by 3 km long and 0.75 m thick mantles, with an ore grading 17% of phosphorus
pentoxide.
• Both, lower (1.07 m) and upper (0.54 m wide) mantos extend over 2.5 km.
• Lower returned average grade of 15.79 % P2O5 with hights up to 22.5% de P2O5.
• Upper content is 17.01 % P2O5 with punctual maximum grade up to 19.9% P2O5..
7. Porvenir / TecnicalSheet
LOCATION
Praxedis G. Guerrero and Guadalupe, Chihuahua State México.
PROPERTY
33,476 hectares.
INFRASTRUCTURE
SURFACE RIGHT
DEPOSIT TYPE
MINERALIZATION
Located 90 kilometers to the southeast of Juárez City, Chihuahua (1´321,004 habitants).
The highway through Chihuahua City traveling 47 kilometers; from there you take an
unpaved road to the east traveling 43 kilometers. The nearest power line is located 60
km on the highway to Ciudad Juárez.
This mining property covers the common land “Guadalupe Victoria” (109 members).
Mississippi Valley (MVT).
Silver and Copper.
HOST ROCK
Cretaceous limestone.
ALTERATION
Oxidation and argillic.
ORE GRADE
67 g/t Ag, 1.35% Cu.
STATUS
1.1 million Silver Ozs., 14 million Cu pounds.
Early stage.
GEOLOGICAL STUDIES
Geological mapping, shard sampling and lithogeochemical. Total investment
$193,173.76 USD.
GEOLOGICAL SETTINGS
The mineralization is controlled by stratification planes of calcareous sedimentary
sequences of Cretaceous age.
SURROUNDING MINES
The “Bismark” mine is located 100 kilometers in straight line to the west, with reserves
of 7.9 million tons of Cu, Zn, Pb, and Ag.
7. Porvenir
Project
“El Porvenir” project is located in the northern portion of the state of Chihuahua, occupying part of
the municipalities of Praxedis Guerrero and Guadalupe. 90 kilometers southeast of Ciudad Juarez,
Chihuahua, traveling towards the city of Chihuahua along the highway 47km, hence take a unpaved
road eastward traveling 43 kilometers.
Mineralization consists mainly of Pb‐Zn‐Cu (Limestones‐mudstones
and Limestones) represented by oxides and carbonates as
hidrocincite, smithsonite, cerussite and malachite with
associations Ag and minor of Ti and Mo.
The chip and channel sampling conducted in these mineralized
structures was given its surface orientation occurrence, obtained
ore grades in veins with 458 ppm Zn, Pb and 171.53 ppm, and for
mantles 155 g/t Ag, 2.3 % Cu and 104.5 ppm Zn .
The scope of work developed by the SGM on Assignment “El
Porvenir”, allowed estimation based on distribution, longitudinal
development, thickness of the identified mineralized structures
and dimensions of the mineralized trend potential of 500 tons with
ore grading of 67 g/t Ag and 1.35 % Cu.
Graphic Scale
0
100
200 Km
7. Porvenir
Project
EXPLICATION
QUATERNARY
Eolian
Silt-Sand
Conglomerate polimictic
TERCIARY
Rhyolite-Riodacite
CRETACEOUS
Limestone-Siltstone
Limestone-Shale
Sandstone-Shale
A.M. Porvenir
Valid mining claim
Mine
It is located in the physiographic province of the
Basin and Range, in the subprovince of Folded
Northern Ranges. The geological context is
represented from the base to the top, by “Las
Vigas” formation (Kvh Ar-Lu). This unit is
overlain by the “El Cuchillo” formation (Kbap
Cz- Lu) in transitional manner. Subsequently
the “Benigno” Formation (Kaim Cz), covered in
concordance the Walnut Formation (Kam Cz Lu) and is in turn covered by “Finlay”
Formation (Kams Cz). Unconformably covering
the previous units, outcrop of semi-consolidated
deposits and unconsolidated Quaternary
(Holocene), consisting of gravel and sand (Qpt
gv -ar). In the project there are two areas of
interest, called “El Porvenir Norte” and “El
Porvenir Sur”.
Population
Graphic Scale
0
2.5
5
Kilometers
10
In the northern portion are identified and
located 24 veins, 10 mantles and 13 zones of
stockwork, hosted by sandy, clay and calcareous
rocks, belonging to “Vigas”, “Cuchillo” and
“Benigno” formations.
In the southern portion were identified and
located two veins, one breccia, 2 mantles and 2
stockwork zones, hosted in clay- calcareous and
calcareous rocks of the “Cuchillo” and
“Benigno” formations.
8. El Indio / TecnicalSheet
LOCATION
Ahumada, Chihuahua State, México.
PROPERTY
16,440 hectares.
INFRASTRUCTURE
Located 90 kilometers to the southeast of Juárez City, Chihuahua (1´321,004 habitants).
Access from “Villa Ahumada” is on federal highway No. 45 to Ciudad Juárez traveling
22 km to the “Estación Lucero” to continue east on a dirty road for the last 43 km.
SURFACE RIGHT
This mining property is covering the private property of “El Panal” Ranch and “San
Francisco” Ranch.
DEPOSIT TYPE
MINERALIZATION
HOST ROCK
ALTERATION
ORE GRADE
STATUS
Magmatic.
Rare earths (REE) and metals.
Porphyry Rhyolitic.
Silicification, oxidation and argitilization.
993 ppm Σ REE (total rare earths) and 0.33 g/t of Σ platinoids (sum platinoids ).
95,288 tons REE.
Early stage.
GEOLOGICAL STUDIES
Geological mapping semi-detailed surface, shrapnel and channel sampling. Total
investment $90,909.09 USD.
GEOLOGICAL SETTINGS
Rare earths and metals mineralization is associated with the presence of carbonatitics
dikes and drag breccias.
SURROUNDING MINES
The “Bismark” mine is located 100 km in straight line to the west, with reserves of 220
thousand pounds Cu, 370 thousand pounds Pb, 4.8 million pounds Zn and 7.8 million
Ag Oz.
8. El Indio Project
It is located 90 kilometers southeast of Ciudad Juárez and 50 kilometers northeast of the town of
“Villa Ahumada”. In this town, you drive north on Federal Highway No. 45 to the area known as
“Estación Lucero” with route 22 kilometers where the deviation is taken east on a dirt road for 43
kilometers.
LOCALIZATION
The estimated geological potential in the
project is 95,288 tons of rare earth grading
993 ppm ΣREE (Sum rare earths).
Additionally, ore grading 0.33 g/t platinoids
Σ(Sum platinoids) is reported.
The “Bismark” mine, located 100 kilometers
west is in a straight line with reserves of
220,000 pounds of copper, 370 pounds of
lead, 4.8 million pounds of zinc and 7.8
million ounces of silver.
Graphic Scale
0
100
200 Km
8. El Indio Project
The origin of the mineral deposit is Magmatic, and the mineralization consists of Rare Earths
Elements (REE) and platinoids. This mineralization is associated with the occurrence of
carbonatitics dykes and trailing breccias.
The outcrop on the north of the mining claim show an irregular shaped chimney, with 20‐25 m of
diameter, rocks composed mottled appearance due to the presence of micro‐matrix amphibole
blasts quartzfeldspar and calcite, which in turn is traversed by fine stuffed veinlets
ferromagnesian. The veinlets also traverse a system filled with hematite laminations deformed.
The arrangement often recalls a dalmatian fur. Associate, a compact ferruginous‐tuffaceous
clastic rock look and brown with microfolds evidencing that the original laminations were
subjected to ductile deformation was observed.
In Mariana zone (a third party property) there is an outcrop of granite porphyry intruded by
breccia carbonatite, over an area of 750 x 350 m. Peñoles Mining Co., made five drill holes with
305 meters depth that never passed through the carbonatite breccia. No precious or base
metals data exist, nevertheless, but some zinc ore grades (0.02% to 1.1%) and ΣREE 0.16% have
been reported, with lanthanum and cerium content of 0.08% and 0.07%. Part of the ferruginous
material has been quarried out in the skarn zone.
8. El Indio Project
QUATERNARY
Eolian
Qho eo
Qho lm-ar
Siltstone-Sandstone
Qho gv-ar
Gravel-Sandstone
TERCIARY
To BvR-R
Rhyolitic breccia-Rhyolite
Rhyolite
To R
To Ig-TR
Ignimbrite-Rhyolitic tuff
CRETACEOUS
Kam Cz-Lu
Kaim Cz
Limestone-Shale
Limestone
INTRUSIVE IGNOUS ROCKS
Rhyolitic porphyry
To PR
Graphic Scale
0
1.5
3
Kilometers
6
9. La Fluorita 01 / TecnicalSheet
LOCATION
Acuña, Coahuila State, México.
PROPERTY
56,963 hectares.
INFRASTRUCTURE
Located directly 130 kilometers to the northeast of the city of Muzquiz, Coahuila State (66,800
habitants). Take the state HWY. No. 20 that goes through the towns of Muzquiz and Boquillas del
Carmen, traveling 130 kilometers on paved road, until to “El Melón”, from there it takes the unpaved
road northeast touring 92 kilometers. The nearest electrical substation is located 24 km in the Mining
Unit Aguachile owned Múzquiz Mining Company, SA de C.V.
SURFACE RIGHT
This mining property is covering 3 common lands: “N. C. P. E. Venustiano Carranza” (109 members),
“Dolores” (43 members) and “Melchor Múzquiz” (279 members).
DEPOSIT TYPE
MINERALIZATION
Sedimentary and magmatic.
Fluorite.
HOST ROCK
Limestone, shale, and rhyolitic porphyry.
ALTERATION
Oxidation and contact methasomathism.
ORE GRADE
STATUS
56% CaF2.
12’487,500 CaF2 tons.
Early stage.
GEOLOGICAL STUDIES
Geological mapping semi-detailed surface, shrapnel and channel sampling. Total investment $90,909.09
USD.
GEOLOGICAL SETTINGS
The fluorite is encased between George Town and Buddha formations, which have mainly been
exploited.
SURROUNDING MINES
Mexichem Fluor is found 90 kilometers to the south, with Fluorite reserves of 5.0 million tons with an
average of 55% CaF2 ore grade. The “Aguachile” Mine is located 50 kilometers to the west with a
potential of 3 million tons with 70% contents with fluorite.
9. La Fluorita 01 Project
Located in a straight line at 130 kilometers northwest of the Múzquiz city, Coahuila State. Toward
by the State Highway 20 that connects the towns of “Boquillas del Carmen” and “Múzquiz”,
traveling 130 kilometers by paved road until the area known as “El Melón”, hence take the
northwest by a unpaved road traveling 92 kilometers.
It is estimated a potential of 12.5 million tons
distributed in 5 interest areas.
Mexichem Fluor is located 90 kilometers south
with 5.0 million tons of fluorite reserves, with an
average ore grade of 55% CaF2. “Aguachile” Mine
its located 50 kilometers west, with a 3.0 million
tons potential with 70% fluorite ore grade.
There are two plants currently in operation in the
town Melchor Múzquiz, property of “Mexichen
S.A. de C.V.”, with capacity of 15 thousand tons
per month by the flotation method, producing
105,000 tons of concentrates and other is the
“Múzquiz Minera, S.A. de C.V.”, capable of 5,000
tons per month with a production of 30 thousand
tons concentrate per year.
EXPLICATION
ASIGNMENT
“FLUORITA 1”
NAME
SURFACE IN ha.
FLUORITA 1
56,963
Graphic Scale
0
7.5
15
Kilometers
MAPPING LOCALIZATION
30
The geological setting is controlled by the paleoelement called “Burro‐Peyotes” peninsula, represented
by Paleozoic age rocks (?) to recent and affected by a series of intrusive and extrusive volcanic events of
Tertiary age. The stratigraphic column in ascending order from oldest to youngest corresponds to; Fm.
Glen Rose, Fm. West Nueces, Fm. Edwards, Fm. Mcknight, Fm. Salmon Peak, Fm. Del Rio, Fm. Buddha
Fm. Eagle Ford, and Fm. Austin. The igneous rocks outcrops are from: granite, syenite, porphyry rhyolite,
rhyolitic‐tuff, andesite and andesitic‐tuff.
Fluorite is considered magmatic and sedimentary origin, hosted in the contact between the “George
Town” and “Buddha” formations and in the lithology contact “Salmon Peak” formation, with rhyolite
porphyry. Occurs as veins, strata, tabular bodies, lenticular and chimney both direction and depth, its
dimensions ranging from 0.20 m to 15.0 m thick, longitudinally have known by mining works up to 800 m
and depth can reach 130m works . Contents ranging ore grades go from 50% to 87% of CaF2.
The fluorite concentrate is send to the Matamoros city, Tamaulipas State, to the plant “Química Flúor S. A.”, owned by the company Mexichen, S. A. de C. V. where hydrofluoric acid is produced.
Alluvium
Coluvial
Rhyolitic
porphyry
LimestoneShale
ShaleLimestone
Limestone
ShaleLimestone
Limestone
ShaleLimestone
LimestoneShale
Shale
LimestoneShale
GraniteSianite
MINAS
MINA
INACTIVA
MINA ACTIVA
BANCO DE MATERIAL
EN PRODUCCIÓN
ELEMENTOS ESTRUCTURALES
ANTICLINAL
FALLA
NORMAL
SINCLINAL
RUMBO Y
ECHADO
FALLA
LATERAL
SINCLINAL
INFERIDO
MUESTREO
(P)7 PETROGRAFÍA
(E)8 ESQUIRLA
(X)10 RAYOS X
(D)12 ROCAS
DIMESIONABLES
(T)13 ROCA TOTAL
(I)14 INCLUSIÓN
CARTAS GEOLOGICO MINERA DEL SGM
MANUEL BENAVIDES ESCALA 1:250,000
Graphic Scale
0
2.5
5
Kilometers
10
10. La Fluorita 02 / TecnicalSheet
LOCATION
Acuña, Coahuila State, México.
PROPERTY
31,671 hectares.
INFRASTRUCTURE
Located 130 km in straight line to the northeast of Muzquiz City, Coahuila State (66,800 habitants).
Taking the state HWY 20, that goes through the towns of Múzquiz and Boquillas del Carmen, traveling
130 kilometers on pavement until meet “El Melón”. From there, take an unpaved road to the northeast
traveling 92 kilometers until the project. The nearest electrical substation is located 24 km in the
Mining Unit Aguachile owned Múzquiz Mining Company, SA de C.V.
SURFACE RIGHT
This mining property is covering 5 common lands: “N.C.P.E., Venustiano Carranza” (109 members),
“Dolores” (43 members), “General Francisco Villa” (74 members), “José María Morelos “(97
members), and N.C.P.E. Escobedo (70 members).
DEPOSIT TYPE
MINERALIZATION
Fluorite.
HOST ROCK
ALTERATION
Oxidation and contact methasomathism.
ORE GRADE
STATUS
GEOLOGICAL STUDIES
56% CaF2.
5’460,000 tons CaF2.
Early stage.
Geological mapping semi-detailed surface and mine interior, shrapnel and channel sampling.
GEOLOGICAL SETTINGS
The Fluorite is hosted in the contacts between the “Salmon Peak” Limestones with the rhyolitic
porphyry, being exploited principally.
SURROUNDING MINES
Mexichem Fluor is founding 70 kilometers to the south, with fluorite reserves of 5.0 million tons with
an average 55% CaF2 ore grade. The “Aguachile” mine is located 30 kilometers to the west, with a
potential of 3.0 million tons with 70% contents of fluorite.
10. La Fluorita 02
Project
Located in a straight line at 130 kilometers northwest of the Múzquiz city, Coahuila State. Toward by the
State Highway 20 that connects the towns of Boquillas del Carmen and Múzquiz, traveling 130
kilometers by paved road until the area known as “El Melón”, hence take the northwest by a unpaved
road traveling 92 kilometers.
Mineralization consists mainly of fluorite, calcite
associations, silica, hematite and limonite, traces
of aragonite and clay materials. A potential 5.4
million tons is estimated with an ore grade of 56%
CaF2.
Mexichem Fluor is located 70 kilometers south of
Fluorite reserves of 5.0 million tons at an average
ore grade of 55% CaF2. “Aguachile” Mine located
30 kilometers west with a potential of 3.0 million
tons with an ore grade 70% fluorite.
There is the possibility of locating the continuity
of the mineralized bodies of fluorspar mining
prospects explored in “La Rosita” and “Juan
Valencia”, and in the failure zone of “La
Escondida” prospect.
EXPLICATION
ASIGNMENT
“FLUORITA 2”
NAME
SURFACE IN ha.
FLUORITA 2
31,671
Graphic Scale
0
5
10
Kilometers
MAPPING LOCATION
20
10. La Fluorita 02
Project
The geological context represents a sedimentary sequence consisting of Lower and Superior
Cretaceous formations paleoelements features of the “Burro‐Peyotes Península”. These units are
affected by intense igneous activity in the Oligocene has its maximum increase, with the formation
of characteristic caldrons structures, stocks and ring dikes composition calc‐alkaline type, igneous
rocks (rhyolite porphyry and rhyolite) are linked to the genesis of fluorite mineralization.
The aerial coverage magnetometry performed by SGM, where 1:250,000 scale mapping clearly
reflects the combination of high and low magnetic, indicating the presence of outcropping intrusive
bodies and some anomalies that reflect the presence of hidden intrusive bodies.
Fluorite mineralization is encased in the lithology contact between the “Salmon Peak” Limestone
formation with rhyolite porphyry, which is mainly exploded. The fluorite occurs in veins, chimneys
and irregular bodies smaller than the first two, even direction and depth, its dimensions ranging
goes from 0.20 m to 15.0 m thick, longitudinally mining works are known by up to 300 m and depth
through mining works reaching 100 m. It also often found as veinlet mineralization within rhyolite
dike, however these are of reduced thickness and its continuity does not go beyond 2 m.
10. La Fluorita 02
Project
SEDIMENTARY ROCKS
FM. BOQUILLAS
FM. EDWARDS
FM. BUDA
FM. WEST NUECES AND GLEN
ROSE
FM. DEL RIO
IGNEOUS ROCKS
FM. SALMON PEAK
RHYOLITIC PORPHYRY
FM. McKINGT
GRANITE-SIENITE
NORMAL FAULT
FLUORITE
11. La India / TecnicalSheet
LOCATION
Melchor Múzquiz and Ocampo, Coahuila State, México.
PROPERTY
19,938 hectares.
INFRASTRUCTURE
Located in a straight line 128 kilometers at Northeast of Múzquiz city, (66,800 habitants) and 219
kilometers to the Northeast in straight line to the Monclova city (216,200 habitants) both in Coahuila
State. Through the Múzquiz city, toward the 20 Highway, traveling 156 kilometers on paved highway,
going to the southeast by unpaved road which leads to “El Pilote” traveling 9 kilometers to the project.
The line closest power to the area are on State Highway No. 20, distant 20 km.
SURFACE RIGHT
This mining property is covering 3 common lands: “N.C.P.A. El Milagro” (73 members), “N.C.P.A. El
Milagro” (73 members), “Los Lirios”, (88 members).
DEPOSIT TYPE
MINERALIZATION
HOST ROCK
ALTERATION
ORE GRADE
STATUS
GEOLOGICAL STUDIES
GEOLOGICAL SETTINGS
SURROUNDING MINES
Fluorite.
Oxidation and skarnification.
56% CaF2.
15 million tons, with an ore grading from 56 % CaF2.
Early stage.
Geological mapping semi-detailed surface and mine interior, shrapnel and channel sampling.
Sedimentary fluorite encased in George Town and Buddha formations contact is which
has mainly been exploited.
Mexichem Fluor is located 50 kilometers to the Northeast, with Fluorite reserves of 5 million tonsand
average grade of 55% of CaF2, the “Aguachile” Mine is located 50 kilometers to the west, with a
potential of 3.0 million tons with 70% fluorite.
11. La India Project
It is located 128 kilometers, northwest of Muzquiz city, Coahuila State and 219 kilometers, in straight
line to the west of Monclova city. Starting in Muzquiz city, you must travel 156 kilometers on State
Highway Nu. 20, since here take a deviation to the southeast, conducting to the ranch “El Pilote”, by an
unpaved road by 9 kilometers.
Given the geological characteristics of the project, the
detected current fluorite ore grades, the “La India”
project represents a relevant interest.
EXPLICATION
Mexichem Fluor is located 50 kilometers northwest of
Fluorite reserves of 5.0 million tons and an average
ore grade of 55% CaF2, Mine “Aguachile” is located
50 kilometers west with a potential of 3.0 million tons
with an ore grade of 70 % fluorite contents.
CAPITAL OF THE STATE
CITY
LIMIT OF THE STATE
INTERNACIONAL AIRPORT
HIGHWAY
ROAD
FERROCARRIL
LOCATIONS OF THE LOT
Graphic Scale
0
100
200 Km
11. La India Project
EXPLICATION
ToTA
ToPR-R
QUATERNARY
Qhoco
Qhoal
Qhoco
KaCz-Do
ToPR-R
KcetLu-Cz
KaCz
Qhoal
Alluvium
Qhoco
Colluvial
TERCIARY
ToPR-R
TplCgp
ToR
ToR
Qhoco
Conglomerate
Polimictic
Rhyolite
ToR
KceCz
ToTA
Sk
Andesitic tuff
CRETACEOUS
KaCz
KceCz
Qhoco
ToR
KcossCz-Lu
Limestone-Shale
KcetLu-Cz
Shale-Limestone
KceCz
Limestone
KaCz
Limestone
Sedimentary fluorite that until now
has been largely exploited, mainly by
its thickness, is located in the
contact with the limestone from the
“George Town” formation, and the
“Del Río Buda” Formation shales and
limestone, however, it has been
established that there are at least 4
mineralized
levels,
which
corresponds to the “George Town”
Formation, under this stratigraphic
contact though these are of
thickness not greater than 0.70m.
Fluorite magmatic origin is in
contact between limestone “George
Town” and the igneous rock with
rhyolite porphyry composition.
ToD
ToPR-R
Qhoal
KceCz
KaCz-Do
KcetLu-Cz
INTRUSIVE IGNOUS ROCK
KaCz
ToD
Qhoco
KaCz
Qhoal
TplCgp
KaCz-Do
Limestone-Dolomite
KcossCz-Lu
ToPR-R
Rhyolitic porphyry
Rhyolite
ToD
ToD
Dacite
METAMORPHISM OF
CONTACT
Skarn
Sk
The economic mineralization is
represented by a Fluorite Ore and
gangue consists of: quartz, calcite,
iron oxides and clay minerals. The
geological potential is estimated in
15 million tons, with an ore grading
from 56% CaF2.
Graphic Scale
0
2.5
Kilometers
5
12. Jáltipan 1/ TecnicalSheet
LOCATION
Oluta, Texistepec, Soconusco, Jáltipan de Morelos and Chinameca Municipalities, Veracruz State, México.
PROPERTY
23,359 hectares.
INFRASTRUCTURE
Located 20 km in a straight line from the city of Minatitlan, Ver (157.840 inhab.), and 34 km S65°W
direction of the port of Coatzacoalcos, Veracruz, (235.983 inhab.). It has excellent land, air and sea
communications. Through highway, railway transitsmico, Minatitlan Airport and the Port of Coatzacoalcos.
To supply inputs are Acayucan populations, Jáltipan, Texistepec, Minatitlan and Coatzacoalcos.
SURFACE RIGHT
The mining property is settled on 5 ejidos: El Limón (124 members) Cuajilote Grande y Anexos (127
members), Los Guajes Ayala (1,196 members), El Durazno (311 members), El Carrizal (278 members).
DEPOSIT TYPE
MINERALIZATION
HOST ROCK
ALTERATION
ORE GRADE
STATUS
Marine sedimentary.
Sulfur.
Porous limestone and anhydrite.
Not observed
Crystalline and amorphous quality sulfur.
16’358,991 ton. indicated resource.
Early stage.
GEOLOGICAL STUDIES
Geological-mining semi-detailed exploration supported by diamond drilling. Domes explored: “Ojapa”,
“Texistepec-Hornillas” and “Petapa”.
GEOLOGICAL SETTINGS
Sulfur is found in domes structures under the "cap rock" of barren limestone. A wide distribution within the
salt basin called the isthmus.
SURROUNDING MINES
Abutting the company batch MEXICHEM, SA de CV is who operates a neighboring sulfur dome Jáltipan 1.
12. Jáltipan 1
99 º
97 º
98 º
96 º
95 º
94 º

288 Km to Veracruz seaport.

Excellent communication pathways land.

To 10 km. Minatitlán.

To 276 km. Salina Crúz Seaport, Oaxaca.

Airport at 50 Km in Coatzacoalcos, Ver.

Railway Transístmico moving large volumes
between the Gulf of Mexico and the Pacific
Ocean.

Port of Coatzacoalcos, Veracruz to 30 km,
annual move charges of around 3 million ton.

It has an area of 23,359 has.

Tropical and humid climate.

Enough water in the rivers and Coachapa and
Chiquito.
EDO. DE TAMPS.
TAMPS. STATE
Tampico
A S. L. P.
P á nuco
99 º
22 º
MEX
105
22 º
Tempoal
A Tamazunchale
Naranjos
Tantoyuca
MEX
A Pachuca
180
Tuxpan
A Pachuca
21 º
Á lamo
21 º
MEX
MEX
Poza
Rica
130
180
A Huauchinango
20 º
Nautla
20 º
Tlapacoyan
A Tlatlauquitepec
MEX
180
Perote
XALAPA
MEX
A Puebla
140
Veracruz
Huatusco
ÓN ASIGNACI
MINING
ASSIGNMENT
JALTIPAN 1
MEX
19 º
126
MEX
150
A Puebla
19 º
C órdoba
La Tinaja
98 º
MEX
Orizaba
180
MEX
A Tehuacan
145
D
Tierra
Blanca
MEX
San Andr és
Tuxtla
Ciudad Alem á n
18 º
A Villahermosa 179
A Tuxtepec
MEX
Coatzacoalcos
180
Isla
18 º
Acayucan
18 º
MEX
145
Sayula
97 º
Minatitl á n
96 º
Graphic Scale
17 º
0
50
100
150
A Juchitan
200
17 º
Kilometers
99 º
98 º
97 º
96 º
95 º
94 º
12. Jáltipan 1
290000
295000
300000
305000
310000
315000
320000
1995000
1990000
1985000
1980000
1975000
1970000
1990000
1980000
1975000
1970000
1985000
1995000
GEOLOGICAL FRAMEWORK
Package shale interbedded
with sandstone, sand and
calcarenite lenses.
Porous with thicknesses up to
16 meters, where the sulfur is
placed in virgin crystals and
amorphous filling cavities,
veinlets and disseminated
Limestone.
Anhydrite mass.
The top of the limestone cap
is between 50 m to 246 m.
These deposits are classified
as marine sediment.
1965000
1965000
Graphic Scale
290000
295000
300000
305000
310000
315000
320000
0
5
Kilometers
10
15
12. Jáltipan 1
The mineral composition of the cap in salt
domes is variable, but most of the production
cap rocks exhibit three general mineralogical
areas:
1) An upper zone of sterile limestone.
2)An average transitional area of p
orous
limestone with sulfur.
3) A lower anhydrite zone.
Although these areas are not strictly in that
order corresponds to a typical stratigraphic
sequence and can graduate to one another.
The thicknesses of the sulfur in the cap vary
from a few millimeters to more than 200 m.
similarly, the depth to which sulfur has been
found from near the surface to more than 700
meters.
The average depth at which sulfur has been
exploited is 297 m. The limestone cap is cut
from 50 to 246 meters below the surface. The
Jáltipan dome is considered the largest and
most valuable sulfur deposit discovered in
Mexico.
Escala Gráfica
0
5
Kilómetros
10
15
Salt Domes associated
with sulfur deposits
12. Jáltipan 1
• Current domestic demand is about 70,000 tons per month, for companies producing fertilizers, however, the trend is
the increase to more than 50% of the demand for fertilizer production in the country. The sulfur is mostly used in the
manufacture of insecticides, fertilizers, chemicals, among others.
• In 2007 the national and international demand for sulfur increased substantially, causing shortage that hit international
prices range from $500 a ton, which led to the importance of reactive sulfur in salt domes of Isthmus.
•The sulfur requirement in our country has increased, regardless of the value per ton reached for the high purity sulfur.
Notably sulfur Istmo Basin is high quality and purity.
• Through calculating reserves was performed calculating based on the drilling development using the Isopach method:
•Ojapa Zone
•Texistepec-Hornillas Zone
•Petapa Zone
1’546,562
13’337,829
1’474,600
TOTAL= 16’358,991 tons of sulfur
13. Jáltipan 2/ TecnicalSheet
LOCATION
Soconusco, Jáltipan de Morelos y Chinameca Municipalities, Veracruz State, México.
PROPERTY
4,006 hectares.
INFRASTRUCTURE
Located 20 km in a straight line from the city of Minatitlan, Ver (157.840 inhab.), and 34 km S65°W
direction of the port of Coatzacoalcos, Veracruz, (235.983 inhab.). It has excellent land, air and sea
communications. Through highway, railway transitsmico, Minatitlan Airport and the Port of Coatzacoalcos.
To supply inputs are Acayucan populations, Jáltipan, Texistepec, Minatitlan and Coatzacoalcos.
SURFACE RIGHT
The mining property is settled on 2 ejidos: El Limón (124 members), Cuajilote Grande and Annexes (127
members).
DEPOSIT TYPE
MINERALIZATION
HOST ROCK
ALTERATION
ORE GRADE
STATUS
GEOLOGICAL STUDIES
Marine sedimentary.
Sulfur.
Porous limestone and anhydrite.
Not observed.
Crystalline and amorphous quality sulfur.
10’286,823 tons indicated resource.
Early stage.
Explored “Jaltipan” dome.
GEOLOGICAL SETTINGS
Sulfur is found in domes structures under the "cap rock" of barren limestone. A wide distribution within the
salt basin called the isthmus.
SURROUNDING MINES
Abutting the company batch MEXICHEM, SA de CV who operates a neighboring sulfur dome Jáltipan 1
and Jáltipan 2.
13. Jáltipan 2
99 º
97 º
98 º
96 º
95 º
94 º

288 Km to Veracruz seaport.

Excellent communication pathways land.

To 10 km. Minatitlán.

To 276 km. Salina Crúz Seaport, Oaxaca.

Airport at 50 Km in Coatzacoalcos, Ver.

Railway Transístmico moving large volumes
between the Gulf of Mexico and the Pacific
Ocean.

Port of Coatzacoalcos, Veracruz to 30 km,
annual move charges of around 3 million
tones.

It has an area of 4,006 has.

Tropical and humid climate.

Enough water in the rivers and Coachapa and
Chiquito.
EDO. DE TAMPS.
TAMPS. STATE
Tampico
A S. L. P.
P á nuco
99 º
22 º
MEX
105
22 º
Tempoal
A Tamazunchale
Naranjos
Tantoyuca
MEX
A Pachuca
180
Tuxpan
A Pachuca
21 º
Á lamo
21 º
MEX
MEX
Poza
Rica
130
180
A Huauchinango
20 º
Nautla
20 º
Tlapacoyan
A Tlatlauquitepec
MEX
180
Perote
XALAPA
MEX
A Puebla
140
Veracruz
Huatusco
ÓN ASIGNACI
MINING
ASSIGNMENT
JALTIPAN 2
MEX
19 º
126
MEX
150
A Puebla
19 º
C órdoba
La Tinaja
98 º
MEX
Orizaba
180
MEX
A Tehuacan
145
D
Tierra
Blanca
MEX
San Andr és
Tuxtla
Ciudad Alem á n
18 º
A Villahermosa 179
A Tuxtepec
MEX
Coatzacoalcos
180
Isla
18 º
Acayucan
18 º
MEX
145
Sayula
97 º
Minatitl á n
96 º
Graphic Scale
17 º
0
50
100
150
A Juchitan
200
17 º
Kilometers
99 º
98 º
97 º
96 º
95 º
94 º
13. Jáltipan 2
290000
295000
300000
305000
310000
315000
320000
1995000
1990000
1985000
1980000
1995000
1985000
1980000
1990000
GEOLOGICAL FRAMEWORK
Package shale interbedded
with sandstone, sand and
calcarenite lenses.
Porous
limestone
with
thicknesses up to 16 meters,
where the sulfur is placed in
virgin crystals and amorphous
filling cavities, veinlets and
disseminated.
1970000
1970000
1975000
1975000
Anhydrite mass.
The top of the limestone cap
is between 50 m to 246 m.
1965000
1965000
Graphic Scale
290000
295000
300000
305000
310000
315000
320000
0
5
Kilometers
10
15
13. Jáltipan 2
It has an elongated shape oriented
northeast‐southwest
and
its
longitudinal axis can be traced up to
12 km and 7 km wide.
The tank site is strategically located
and has excellent communications by
browsing
Coachapa‐Coatzacoalcos
River, or by sea, since the ports of
Salina
Cruz,
Oaxaca
and
Coatzacoalcos, Veracruz, are united by
the Ferrocarril del Istmo. The nearest
airport is Minatitlan, Veracruz.
Salt Domes associated
with sulfur deposits.
Graphic Scale
0
5
Kilometers
10
15
13. Jáltipan 2
• Current domestic demand is about 70,000 tons per month, for companies producing fertilizers,
however, the trend is the increase to more than 50% of the demand for fertilizer production in the
country. The sulfur is mostly used in the manufacture of insecticides, fertilizers, chemicals, among
others.
• From 1999 to 2003, obtaining sulfur miners means including the Frasch process, decreased
significantly, while that obtained by desulfurization has increased.
• The sulfur requirement in our country has increased, regardless of the value per tone reached. Notably
sulfur Istmo Basin is high quality and purity.
• The main uses are in agriculture to produce phosphoric acid, as well as for the preparation of soaps,
detergents, water treatment, plastic and synthetic products, paper industry, paints, mining and processing
of metals, explosives, petroleum refining, in production of iron and steel, battery acid, among others.
•Indicated resources with drilling are:
•10’286,823 tons.
14. Reducción Rancho Viejo/ TecnicalSheet
LOCATION
Municipality of Tepalcatepec, Michoacán State, Mexico.
PROPERTY
9,032 hectares.
INFRASTRUCTURE
It is located 5 km northeast of the town of Tepalcatepec in Michoacan, where all services and increased to
20,000 inhabitants. It lies 280 km from the city of Morelia, capital of Michoacan state. There are two paved
roads, dirt roads and vehicular gaps spanning the mining assignment. The electrical line runs virtually within
the assignmet.
SURFACE RIGHT
The mining property is settled on 7 ejidos: Corongoros (117 members), Las Norias and Annexes, Las
Galeras and Annexes, San José-Lázaro Cárdenas, Catarino Torres (749 members), Punta del Agua and Felipe
Carrillo Puerto.
DEPOSIT TYPE
MINERALIZATION
HOST ROCK
ALTERATION
ORE GRADE
STATUS
GEOLOGICAL STUDIES
GEOLOGICAL SETTINGS
SURROUNDING MINES
Hydrothermal, copper-molibdene porphyry
Gold, silver, lead, zinc, copper.
Metamorphic, vulcanosedimentaria, andesitic dikes and intrusive rock.
Argillic, propylitic, phyllic, silicification and potassic (?)
0.52 g/t Au
178,416 oz/Au.
Early stage.
Geophysics, Geological Mapping, surface sampling in grid of 50 x 50 meters.
Mineralization controlled by Vulcan-sedimentary sequences deformed Jurassic-Cretaceous age.
The project is located 18 km northeast of the Property Tepal (8.6 million ounces of gold equivalent (Geologix
Explorations Inc.). Plants benefit are closest to 137 Km in the town of Huacana, owned by Cia. Minera "The
Encinos" SA de C.V. and Cia. Minera "The Huacana" SA of CV, the first active minerals benefits Au, Ag, Cu
with a capacity of 250 t/day. The second construction, mineral benefit of Au, Ag, Pb, Cu with a capacity of 60
t/day.
14. Reducción Rancho Viejo

It is located between the states of Jalisco and
Michoacan.

A 5 km northeast of the town of Tepalcatepec,
which has good infrastructure and increased to
20,000 inhabitants.

It lies 280 km from the city of Morelia, capital of
Michoacan state.

Two paved roads traverse the mining assingment,
and there are dirt roads that traverse gaps and
vehicle allocation.

A 18 km NE of the project Tepal Geologix
Explorations Inc.
Guadalajara
Jalisco
RANCHO
VIEJO
Morelia
Uruapan
Michoacán
Colima
Colima
El Tepal
Apatzingán
Tepalcatepec
Graphic Scale
0
50
100
Kilometers
Lázaro Cárdenas
14. Reducción Rancho Viejo
Mineralized area
Mining Assignment
Rancho Viejo Los
Zopilotes
Area
Samples Collected
(2008‐2009)
Samples Collected
(2010)
The
metasedimentary
sequences
and
volcanosedimentary are intruded by a granitic stock and
diabase and andesitic dikes.
Mineralization is boxed and controlled in the
volcansedimentary sequence. The mineral assemblages
are present Au-Cu and Pb-Zn; suggesting be related to
a porphyry Cu-Au deposit with distal epithermal veins.
Andesitic dikes with Cu veins and Pb-Zn dams with
staying in the intrusive Jilotlán and veins and
disseminations in Varales Formation are observed.
The hypogene minerals are: free gold, chalcopyrite,
covellite, chalcocite, galena and sphalerite in quartz and
calcite gangue. Argillic, propylitic and phyllic
alterations developed especially in the Tepalcatepec
Formation are presented.
La Laguna
Area
The geological, geochemical, geophysical and
alterations studies, allow to configure three possible
mineralized areas: La Laguna, The Vultures and
Camichín.
Camichín
Area
In La Laguna area were obtained samples up to 29 g/t
Au in quartz microveitlets sulphide stockwork type,
hosted in andesite and average content of 0.8 g/t Au.
Piroclastic Flows
Volcanosedimentary
(Fm. Tepalcatepec)
Volcanosedimentary
(Fm. Alberca)
Granitic Intrusive
(Jilotlán)
Metasedimentary
(Fm. Varales)
In the Zopilotes area samples up to 12.7 g/t Au were
obtained, silica glasses encased in shale and average
content of 0.6 g/t Au.
Graphic Scale
0
1
2
Kilometers
3
In the Camichín area samples up to 16.6 g/t Au were
obtained, in quartz microveitlets hosted in schist and
has in average 0.2g/t Au.
15. Chupaderos/ TecnicalSheet
LOCATION
Municipality of Sabinas Hidalgo, Nuevo León State, Mexico.
PROPERTY
16,031 hectares.
INFRASTRUCTURE
It is located 100 km north of the City of Monterrey (4'150, 000 inhabitants), 120 km S70°E from the city of
Monclova (317.314 inhab.) and 20 km in a straight line to the north of the Sabinas Hidalgo population
(32,040 inhab.). The nearest power line high voltage is 27 km and 3 km south of the low voltage.
SURFACE RIGHT
The mining property is settled on 2 ejidos: Las Enramadas (72 members) y San Pedro de la Piedra (39
members).
DEPOSIT TYPE
MINERALIZATION
HOST ROCK
ALTERATION
ORE GRADE
GEOLOGICAL
POTENTIAL
STATUS
GEOLOGICAL STUDIES
Missisipi Valley
Gold, silver, lead, zinc, copper.
Austin Formation, consisting of limestones and shales of the Upper Cretaceous and limestone of the Lower
Cretaceous. Coverage is a Holocene colluvium and alluvial deposits.
No Observed
155 g/t Ag, 2.5% Pb and 2.5% Zn
Based on the geological environment and the manifestations of mineral mining claims adjacent Providence
and Pal (The Iguana) owned by Rio Alto Mining Limited, the resource estimate is considered 1% of
resources expected by the mining company that is 10 '000, 000 tons. So for allocation were considered
Chupaderos 1'000, 000 tons.
Early stage.
Regional Geology (920 km2), semi-detailed geology (500 hectares), Geophysics (4 km linear).
GEOLOGICAL SETTINGS
Considering the probable existence of stratabound mineralization in the "Cupid" and "Aurora" Lower
Cretaceous formations which are as important guides exploration and the possibility of containing a hidden
reservoir of economic performance is perceived as a significant element in the area.
SURROUNDING MINES
In the municipality of Ocampo at 300 km, is located beneficiation plant flotation Co. First Majestic Silver
Corp., with capacity of 1,000 t/day, lead and silver benefits. In the town of Monclova, SE and 126 km, the
smelter is located in Iron Co. Altos Hornos de Mexico, with capacity of 8,000 t/day.
15. Chupaderos
101°
28°
100°
98°
28°
99°
CHUPADEROS
The Chupaderos prospect is located in the
town of Sabinas Hidalgo, north of the state
of Nuevo León. It comprises an area
27°
27°
COAHUILA
LAMPAZOS
of 16,031 ha. Located 120 Km straight SE of
Monclova, Coahuila., and 25 km straight
VILLALDAMA
HYLSA
north of the county seat of Sabinas Hidalgo,
26°
IMMSA
ZINC NACIONAL
S.A.
26°
NL.
MONTERREY
25°
25°
LINARES
24°
24°
Graphic Scale
0
50
Kilometers
100
23°
101°
100°
99°
98°
15. Chupaderos
380000
385000
390000
KcLu
Lm
KcLu
Lm
Kcoss
Cz-Lu
Qhoal
Kacet
Lu-Cz
Qhoco
2960000
2960000
Qhoal
Qhoco
Qhoal
Qhoco
North to 15 km, is the Pal mine (The Iguana) silver‐lead‐
zinc, owned by Rio Alto Mining Limited, a consistent body
replacement and skarn along the contact zone of
granodiorite affecting a Cretaceous limestone.
Qhoco
Kcoss
Cz-Lu
Qhoal
2955000
2955000
Qhoal
Kacet
Lu-Cz
2950000
2950000
Qhoco
380000
385000
390000
EXPLICATION
Qhoal
Alluvium
KcLu
Lm
Alluvium
Qhoco Colluvium
Kcoss
Cz-Lu Limestone-Shale
Kacet
Lu-Cz Shale-Limestone
Graphic Scale
0
Minign Assignment
Chupaderos
1
2
Kilometers
3
Located in the alkaline belt Monclova‐Candela, oriented
E‐W, which is the extension of a group of similar rocks
described in the Trans‐Pecos Texas province. The Panuco
mine known, consist in porphyry Cu‐Mo‐Au related to
pegmatite circular gap that is 80 m in diameter and is
encased in alkaline diorite intrusion an example closely
related to the ore bodies.
The assignmet area is covered by Quaternary colluvium
and alluvium, recognizing the NE area of f ences Rancho
Arroyo de los Sauces few small outcrops of shales and
siltstones of the Upson (Kc Lu‐Lm) Formation outcrops
and the Eastern formal limestone ‐ shale of Austin (Kcoss
Cz‐Lu) Formation and shale‐limestone of the Eagle Ford
(Kcet lu‐Cz) Formation. The latter two formations are part
of the anticline Vallecillo.
15. Chupaderos
Aerial magnetic exploration was carried out in 2000‐2003 showed two intense abnormalities, Candela and Chupaderos, the latter located in
the eastern valley of the Sierra de Lampazos in an anticline that is open in the Jurassic sediments.
Subsequent work by magnetometry‐radiometry high resolution confirmed both anomalies, presumably in response to a deep intrusive
mass that has high magnetic susceptibility. Chupaderos anomaly was the only legally protected.
Based on the geological environment and the manifestations of mineral mining claims adjacent Providence and Pal (La Iguana) ownership of
Mexican Silver Mines Ltd., for the resource estimate is considered 1% of resources expected by the mining company that is 10'000, 000 ton,
resulting in several campaigns diamond drilling, surface and interior geology and mine sampling. Considering the latest two mine as a
reference, the prospectus is deemed Chupaderos 1'000, 000 ton, grading 155 g / t Ag, 2.5% Pb and 2.5% Zn.
320000
360000
340000
380000
2980000
2980000
LA IGUANA
SAN SALVADOR
CANDELA
380000
390000
380000
3
390
000
2940000
2940000
Graphic Scale
0
10
Kilometers
320000
2960000
2960000
CHUPADEROS
20
BUSTAMANTE
340000
VILLALDAMA
360000
SABINAS HIDALGO
380000
16. Los Borregos/ TecnicalSheet
LOCATION
Municipality of Ascensión, Chihuahua State, Mexico.
PROPERTY
4,100 hectares.
INFRASTRUCTURE
It is located 279 km, with the N28°W direction in a straight line from the city of Chihuahua (348.987
inhabitants), 114 km S56°W of Ciudad Juárez (1'321,004 inhabitants). Locally the S84°E and 62.4 km.
village Ascension. The nearest power line high voltage is 80 km east, and low voltage is located 12
kilometers southwest, in Niños Héroes de Chapultepec.
SURFACE RIGHT
The mining property is settled on 2 ejidos: Nueva Victoria (25 members) and Niños Héroes de
Chapultepec (80 members).
DEPOSIT TYPE
MINERALIZATION
HOST ROCK
ALTERATION
ORE GRADE
STATUS
Hydrothermal (streaks), zones of stockwork and disseminated.
Mn, Ag, Cu, Fe, Ba and Mo
Diorite, dacite porphyry, rhyolite tuffs, andesitic breccias.
Silicification and oxidation.
29.5 % Mn.
815,000 tons of Manganese.
Early stage
GEOLOGICAL STUDIES
Semi-detailed geological 4,200 Ha, 120 units channel sampling, 160 units Geochemical Sampling,
Geochemistry semi-detailed 900 Ha, Chemical Analysis done 5,600 samples, 54 Petrographic studies, 4
Mineragraphic studies.
GEOLOGICAL SETTINGS
The iron-manganese mineralization is located within a zone of supergene enrichment and where may be
present at depth copper sulfides of silver, lead, zinc, and associated tabular structures or dacite porphyry
and/or rhyolitic intrusive or self rhyolite.
SURROUNDING MINES
The project is located 34 km SE of the Bismark mine with leach processing plant with capacity of 2,500
t/day and benefits lead and zinc.
16. Los Borregos
CD. JUAREZ
LOS BORREGOS

It is located in Ascension, in the
northwestern portion of the state of
Chihuahua.

A 294 Km northwest of the city of
Chihuahua.

200 Km of Juarez border U.S.A.

30 km unpaved to the Project.

It has an area of 4,100 hectares.

Extreme dry climate with summer
rains.
BISMARK
Ascensión
Porvenir
Janos
Loma de Arena
N. C. GRANDES
Sueco
F. Magón
OJINAGA
Coyame
MADERA
Namiquipa
Falomir
M. Benavides
A. Obregón
CHIHUAHUA
La Junta
Yepachi
Julimes
CUAUHTEMOC
DELICIAS
Carichi
La Perla
Naica
Creel
CAMARGO
Nonoava
JIMENEZ
Balleza
Guachochi
PARRAL
Gpe. y Calvo
Graphic Scale
0
50
Kilometers
100
16. Los Borregos
QUATERNARY
HOLOCENE
Q h o g v-ar
Gravel-Sand
TERCIARY
OLIGOCENE
To Rd
Riodacite
To
Rhyolitic Tuff
RT
T o RB
Rhyolitic Breccias
To Rd T
Riodacitic Tuff
To AT-RT
Andesítica TuffRhyolitic Tuff
T o AB
To A
Andesitic Breccia
Andesite
EOCENE - OLIGOCENE
To
To
RP
Rhyolite Porphyry
D aP
Dacític Porphyry
T eD
Graphic Scale
0
2
Kilometers
4
Diorite
In this area, outcrops of andesite and tuff; rhyolitic tuff,
dacite subvolcanic and Oligocene‐Miocene diorite forming
a volcanic field in which extensive parallel en echelon fault
system oriented NS and NW probably Miocene or younger‐
encased 77 mineralized veins Mn‐Ag, Ba and Fe.
Having conducted a sampling campaign eight prospects
were documented: La Consolidad, La Verdun, La Corriente,
San Jose, El Pino, La Pilita, Las Mulas and El Dos‐La Tercera.
The area is 7 km long and 5.5 km wide and forms a regular
rectangle, sufficient to protect both vein systems oriented
NS and EW.
Mineralization occurs as cryptomelane‐manganese,
psilomelane, hollandite, pyrolusite‐associated with
hematite, argentiferous galena, malachite and barite
oxides.
Manganese and iron oxides are primarily exposed in the
zone of supergene enrichment, and may expect some
sulphides of silver, lead, zinc and copper can begin to
appear deep.
The district has been productive since World War I and II,
with an average grade of 30% Mn; by 1959 and in the 70s,
production declined and became intermittent, with
average grades of 22% Mn. Old dumps reported from 4 to
37% Mn and from 8 to 109 g/t Ag, traces of molybdenum
and up to 11% of Ba.
17. Red. Hidalgo Fracc. 29/ TecnicalSheet
LOCATION
Municipality of Castaños, Coahuila, Mexico.
PROPERTY
1,379 hectares.
INFRASTRUCTURE
SURFACE RIGHT
DEPOSIT TYPE
It is located 58 km directly south of the city of Monclova. It has all the basic infrastructure for the mining
operation. 9 km paved and dirt road from km 58 of Monclova-Saltillo, the study area is accessible all year
The mining property is settled on the ejido Dolores (141 members).
Missisipi Valley
MINERALIZATION
Pb-Zn oxides in the presence of cerussite, anglesite, hemimorphite and galena and sphalerite there
sporadically with low silver grades. The associated minerals are barite, calcite and quartz.
HOST ROCK
The mineralization is hosted in the upper horizon of La Mula Formation (Khb-Lu), consisting of
dolomitized limestone, limestone, sandstone and limonitic clay horizons. Likewise, the base encase the
Cupid (Khap-Cz) Formation comprises dolomitized limestone and interstratified clay horizons.
ALTERATION
ORE GRADE
STATUS
silicification, oxidation supergene and dolomitization.
140 g/t Ag, 5 % Zn, 7 % Pb y 0.05 % Cu
80,000 Tons of inferred resources
Early stage.
GEOLOGICAL STUDIES
The work done in the project had a regional-semi-detailed range (1,379 hectares), developing and interior
surface mine (190 m) mapping, orientation chips sampling and channel mineralized structures (38
samples), chemical analysis and interpretation.
GEOLOGICAL SETTINGS
Sheets, lenticular veins and cloves, encased in dolomitized limestones, associated with fracturing, karst
cavities and transform faults of small displacement.
SURROUNDING MINES
In the municipality of Candela, the project NE and 94 km in a straight line, the leaching beneficiation
plant is located, with a capacity of 400 t/day, owned by Grupo Minero Panuco, SA de CV and in the town
of Cuatrocienegas to NW and 57 Km straight La Luz project is located, with mining exploration work will
have reserves of 13,000 tons grading 2.54% Pb, 10.63% Zn and 105 g/t Ag.
17. Red. Hidalgo Fracc. 29
104°
102°

It is located in the eastern center of the
state of Coahuila, in the town of
Castaños. A 58 km directly south of the
city of Monclova.

It is well connected by paths first and
second order in the city of Monclova, it
has all the basic infrastructure for the
mining operation.

9 km paved and dirt road from km 58
of Monclova-Saltillo to accessible allweather study area.

In the municipality of Candela, the NE
and 94 km in a straight line, the
leaching beneficiation plant is located,
with a capacity of 400 t/day, owned by
Grupo Minero Panuco, SA de CV, and
is also found in copper exploration La
Promesa Dos project, located in the NE
and 72 km. In the town of
Cuatrocienegas to NW and 57 Km
straight La Luz project is located, with
mining exploration work will have
reserves of 13,000 tons grading 2.54%
Pb, 10.63% Zn and 105 g /t Ag
100°
E.U.A.
CD. ACUÑA
29°
PIEDRAS
NEGRAS
LA ENCANTADA
(Ag,Pb)
HÉRCULES
28°
HÉRCULES
(Fe)
SIERRA
MOJADA
SABINAS
M. MÚZQUIZ
OCAMPO
CUATROCIÉNEGAS
27°
AHMSA
(Fe)
MONCLOVA
PANUCO
LA LUZ
LA PROMESA 2
26°
HIDALGO
FRACCIÓN 29
PEÑOLES (Pb, Zn)
PARRAS
TORREÓN
VIESCA
SALTILLO
LA MINITA
Graphic Scale
25°
0
50
Kilometers
100
17. Red. Hidalgo Fracc. 29
There are mainly tabular structures and grain mantles and
irregular lenses (bolsadas). The mantles observed thicknesses of
0.20 to 0.60m, the veins have thicknesses of 0.30 to 0.80m;
both with discontinuous longitudinal and erratic development.
The mineralization is hosted in the upper horizon of La Mula
Formation (Khb-Lu), consisting of dolomitized limestone,
limestone, sandstone and limonitic clay horizons. Likewise, the
base encase the Cupido Formation (Khap-Cz) dolomitized
comprises limestone and interstratified clay horizons.
Work in the assignment had a Regional semi-detailed scope,
developing and interior mine surface mapping, sampling and
channel orientation chips mineralized structures, chemical
analysis and interpretation.
The alterations observed are silicification, dolomitization
supergene and oxidation in the hosted rocks, especially
limestone in formations La Mula and Cupido.
EXPLICATION
Qhoal
Alluvium
Qhoco
Colluvium
Kcet
Lu-Cz
Fm. Eagle Ford
Kace
Cz-Lu
Grupo Washita
Ka
Lu-Cz
Fm. Kiamichi
Ka
Cz-Do
Fm. Aurora
Kap
Cz-Lu
Fm. La Peña
Kcoss
Lu-Ar
Fm. Las Parras
MEXICAN GEOLOGY SURVEY
Khap
Cz
Fm. CupidoF
Khb
Lu-Cz
Fm. La Mula
Khb
Ar-Lu
Fm. Patula
Kvh
Lu-Cz
Fm. Barril Viejo
Mining Assignment
Regional Geological Map
Mining Assignmet
Hidalgo Fracción 29
0
0.5
1
2
3
Kilometers
1:100,000
NAD 27 Zona 14
Subdirección de Recursos Minerales
Durango, Durango
In the mineralized area Dolores evidence boiling caused by
hydrothermal fluids is observed, although it has not shown the
influence of a magmatic body within the study area.
Diciember 2012
Mineralization of interest consists of Pb-Zn oxides in the
presence of cerussite, anglesite, hemimorphite and galena and
sphalerite sporadically with low silver grades. The associated
minerals are barite, calcite and quartz
18. Picacho/ TecnicalSheet
LOCATION
Municipality of Villa de Casas, Tamaulipas State, Mexico.
PROPERTY
4,433 hectares.
INFRASTRUCTURE
SURFACE RIGHT
It is located S59°E to 70 km in a straight line from the city Victoria. It has basic infrastructure of finding
well connected with the main centers of distribution and marketing paths.
Private Property
DEPOSIT TYPE
Associated magmatic similar to carbonatite rocks in the Oka district in Canada (Eng Akira Hirayama
1984).
MINERALIZATION
Is represented by lanthanides, mainly mineral containing Ce and Y, and possibly mineral monazite
Xenotime, fergusonita, Branerita or euxenite.
HOST ROCK
ALTERATION
ORE GRADE
STATUS
GEOLOGICAL STUDIES
GEOLOGICAL SETTINGS
SURROUNDING MINES
Nepheline syenites and carbonatites
The central area of the complex is Fenitizada generally uralitization observed in outcrops of gabbro from
the middle, occasionally some peripheral areas with skarn.
Content averages 4824 ppm lanthanide and 1.3% of rare earth oxides (REO)
3,500 tons.
Early stage.
Geophysics flight was made covering an area of 252 km2 of by 71 lines with 250 m separation of five lines
of control, with a total of 1,294 km line. Works consists in sampling anomalies and geological in semidetailed survey, radiometric survey at every 25 m in the heart of the anomaly Th approximately 2,200
linear meters covering an area of approximately 40 hectares, works in a semi-detailed mapping and
systematic sampling of mineralized structures in trenches of previous work, sampling fenitized rock
outcrops and associated dikes.
Micritic limestones with chert nodules of the Tamaulipas Upper Formation.
There is currently no mining infrastructure and does not have the benefit of this mineral in the region
18. Picacho
NUEVO LAREDO

Located in the east central portion of the state of
Tamaulipas. At S59°E and 70 km in a straight
line from the city Victoria.

Access from the city, is performed by the federal
road No. 70 Victoria-Soto La Marina, at km 42
is the deviation road to Las Lajillas and project
where driving 19 km pavement and 46.2 of dirt
road.

It has basic infrastructure of finding well
connected with the main centers of distribution
and marketing paths.

The elements of interest in this project are
known as rare earth lanthanides (REE), these
are: Lanthanum, Cerium, Praseodymium,
Neodymium, Promethium, Samarium, Europico,
Gadolinium, Terbium, Dysprosium, Holmium,
Erbium, Thulium, Ytterbium, Lutetium,
Scandium, Yttrium.
E.U.A.
Mier
Cd. Camargo
Gustavo Díaz Ordaz
REYNOSA
Río bravo
MATAMOROS
Valle hermoso
NUEVO LEÓN
Villa de
Méndez
San Fernando
de Presas
Mainero
Villagrán
GULF OF
MEXICO
Hidalgo
PICACHO
Abasolo
Nuevo padilla
Güemez
CD.
VICTORIA
Casas
SOTO LA
MARINA
Llera de
canales
Xicoténcatl
González
Graphic Scale
Aldama
CD. MANTE
S.L.P.
Altamira
0
Cd. Madero
TAMPICO
50
Kilometers
100
18. Picacho
The structure presented are semicircular approximately 9 Km2. The mineralization is hosted in nepheline syenites and carbonatites.
Structurally the study area is a tertiary magmatic complex ring type of about 9 Km2, veinlet-dikes developed, replacement parts and filling
cracks.
The central area of the complex is Fenitized generally uralitization observed in outcrops of gabbro from the middle, occasionally some
skarn peripheral areas.
Mineralization is represented by lanthanides minerals containing mainly Ce and Y, and possibly mineral monazite, Xenotime, fergusonite,
Branerite or euxenite.
542000
544000
546000
548000
550000
552000
Litology
2590000
2590000
Qal alluvium
Nepheline
Syenite
Gabbro
2588000
2588000
Diorite
Tm Gd Si
Kace Cz
2586000
Graphic Scale
0
2
4
Kilometers
542000
544000
546000
548000
550000
552000
2586000
Marble
18. Picacho
There were carried out geological exploration, geophysics by flight of 71 lines with a separation of 250 m and five control lines totaling
1,294 km in total linear covering an area of 252 km2, and sampling anomalies to semi-detailed geological survey. Gamma ray radiometric
with radiometric survey at every 25 m in the heart of the Th anomaly approximately 2,200 linear meters covering an area of approximately
40 hectares, work in semi-detailed mapping and systematic sampling of mineralized structures in trenches of previous work, sampling
fenitized rock outcrops and associated dikes.
In previous work Hernandez estimated potential 3'500 tons with average content of 4,824 ppm of lanthanides and 1.3% of rare earth oxides
(REO).
Carbonatite
Fenitized Zone Th 1,794 ppm

Th values in lines LB 00 NW
SE, L 1,000 NE, L 1,100 NE, L
1,200 NE.