Consejo Project |
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Consejo |
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Country |
Mexico
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Close to |
Durango |
Status |
BROWN EXPLORATION
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Surface |
4 km² / 988 acres |
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Legends
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Explores for
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Gold - Lead - Silver - Zinc -
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Risk and valuation analysis of the Consejo Project |
Status Risk : Brown exploration |
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Title(s) of the Consejo Project |
| Geologix Explorations Inc. Option on interest: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Geologix has entered into an agreement to acquire a 100% interest in the Consejo Property from a private land owner. The option calls for cash payments of US$135,000 over a 5 year period. There are no work commitments or any additional payments associated with the option. There are no royalties associated with the option. |
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Location of the Consejo Project |
The Property is located 1 hour driving time (85 kilometres) north of Durango, Durango via paved road.
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History of the Consejo Project |
Historical work on the property was conducted by Consejo de Recursos Nacional CONSEJO (an agency of the Mexican Government) between 1981 and 1985 and consisted of trenching (283m), channel sampling (872m), diamond drilling 1,429.70m - 12 holes) and 151.50m of underground development.
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Geology of the Consejo Project |
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The geology is similar to the geology observed on the San Agustin project with Tertiary sub-volcanic dacite domes intruding Cretaceous aged sedimentary rocks. Similarly the strong northeasterly and northwesterly trending structures, noted both regionally and within the San Agustin deposit, are also present on the Consejo property, associated with zones of high grade Au-Ag-Pb-Zn mineralization
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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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