La Casita Project |
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La Casita |
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Country |
Mexico
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Close to |
Rodeo |
Status |
BROWN EXPLORATION
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Surface |
15 km² / 3,637 acres |
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Latitude / Longitude |
25 N 12 / 101 W 26 |
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Legends
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Explores for
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Gold - Silver -
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Risk and valuation analysis of the La Casita Project |
Status Risk : Brown exploration |
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Title(s) of the La Casita Project |
| VanEck Vectors Global Alternative Energy ETF Option on interest: 60% |
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Title | Company Profile | All Projects | Company website | Company project page |
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A Joint Venture will be formed once Geologix has fulfilled the option period of the agreement with Geologix having a 60% and GFM Resources Limited having a 40% initial interest in the Joint Venture. |
| GFM Resources Limited Joint venture: 40% |
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Title | Company Profile | All Projects | Company website | Company project page |
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As announced on January 21, 2008 and then on August 25, 2008, the group of claims integrating La Casita was optioned to Geologix Explorations Inc. of Vancouver, BC. |
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Location of the La Casita Project |
The La Casita Project is located in Durango State, Mexico, 5 km southwest of the town of Rodeo and 135 km north of Durango via paved road. The property is accessed from Rodeo via dirt road.
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History of the La Casita Project |
Historic work by GFM Resources Limited included geological mapping, soil sampling (297 samples), litho-geochemical sampling (597 rock chip samples), trenching and reverse circulation drilling (12 holes - 1,740m). Gold in soil anomalies range from 2.5 ppb Au to 508 ppb Au. Gold in rock samples range from 0.04 g/t Au to 14.2 g/t Au.
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Data last updated on : 6/30/2008
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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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