Risk and valuation analysis of the Red Canyon Project |
Status Risk : Early discovery |
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Title(s) of the Red Canyon Project |
| CMQ Resources Option on interest: 60% |
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Title | Company Profile | All Projects | Company website | Company project page |
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CMQ signed a Letter of Intent on Miranda's Red Canyon project in 2008 whereby CMQ can earn a 60% interest by funding $4,000,000 over five years. CMQ may then elect to earn an additional 10% by completing a bankable feasibility study or by funding $10 more... |
| Miranda Gold Corp Joint venture: 40% |
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Title | Company Profile | All Projects | Company website | Company project page |
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the Exploration Agreement with Option to Form a Joint Venture ("the Agreement") has been finalized with Montezuma Mines Inc. ("Montezuma"), a subsidiary of CMQ Resources Inc., on Miranda's Red Canyon project. This exploration agreement replaces the l more... |
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Location of the Red Canyon Project |
The property lies in the Cortez Trend and is situated between US Gold's Tonkin Springs project (1.68M oz Au) and the Gold Bar deposit (1.6M oz Au) and north of Romarco's Roberts Mountains Project.The project is on the northwestern flank of the Robert more...
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History of the Red Canyon Project |
Historic exploration has identified four areas of gold mineralization. These are the Ice, Sage, Gexa Knob and Red zones.
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Production history |
Metal | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
GOLD (oz) | 99,297 | 110,410 | 6,888 | 13,209 | 23,820 | 27,357 | 49,200 | 62,646 | 101,588 | 142,965 |
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