| JIMENEZ DE TEUL Project |
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JIMENEZ DE TEUL |
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Country |
Mexico
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Province |
Zacatecas |
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Former owner |
Tumi Resources |
Close to |
Fresnillo |
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Status |
GREEN EXPLORATION
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Mining Trend |
Zacatecas |
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Surface |
76 km² / 18,782 acres |
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Legends
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| Risk and valuation analysis of the JIMENEZ DE TEUL Project |
| Status Risk : Green exploration |
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| Title(s) of the JIMENEZ DE TEUL Project |
 | VanEck Vectors Global Alternative Energy ETF
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Sterling is purchasing the concessions for $100,000 in cash with an additional $150,000 in cash or Sterling common stock at a
price of $4.25/share. The concession holder will retain a 2% Net Smelter Revenue interest. Sterling is committed to $250,000 in work
on the property over the next three years. |
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| Location of the JIMENEZ DE TEUL Project |
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The project represents a major land package in western Zacatecas, consisting of 7,601.45 hectares, located near the town of
Jimenez de Teul, Zacatecas Mexico. It surrounds Sterling´s Arturo claim, presently under joint venture with Silver Fields Res more...
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| History of the JIMENEZ DE TEUL Project |
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Precious metals were found in the area fairly recently by Mexican standards. The district was likely first exploited in the very
late 19th century. The only known mining records report 1,038 kilograms of silver and 25 tons of lead produced between 1983 and
1987. There are no records from the turn of the century mines.
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| Geology of the JIMENEZ DE TEUL Project |
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The underlying rocks consist of limestone and shale of the Indidura Formation of Cretaceous Age. Stocks and dikes of rhyloite
porphyry occur as intrusions in the Indidura Formation. Miocene age rhyolite tuffs cover much of the area.
Known mineral d more...
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Data last updated on : 9/20/2007
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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