Risk and valuation analysis of the Cieneguita Project |
Status Risk : Feasibility |
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Title(s) of the Cieneguita Project |
| VanEck Vectors Global Alternative Energy ETF Option on interest: 80% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Pan American currently has a joint venture agreement with Minea Rio Tinto under which MRT can earn 60% of the project by successfully initiating production on a small scale, followed by the funding of an additional $4 million toward the completion of a bankable feasibility study |
| Pan American Goldfieds Inc. Joint venture: 20% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The Cieneguita Property (the ‘Property’) is 100 % owned by Mexoro
Minerals Ltd. and comprises four contiguous claims totaling over 8,000,000 m2
located in the state of Chihuahua, |
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Location of the Cieneguita Project |
Located 375 km from Chihuahua City in canyons called the Baja Tarahumara in southwest Chihuahua, this site is only 20 kilometers from El Sauzal, which is Glamis Gold's newest and largest gold mine, producing 170,000 of gold in 2005, its first year of more...
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History of the Cieneguita Project |
From 1995 to 1998, Glamis Gold mined and processed 198,000 metric tonnes with a grade of 2.33 grams gold per tonne. This major gold company stopped production on this site at that time due to low gold prices and to pursue their strategy of focusing on mines with at least 1 million gold ounces.
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