Risk and valuation analysis of the SAN AGUSTIN Project |
Status Risk : Advanced discovery |
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Title(s) of the SAN AGUSTIN 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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In 2006, Geologix Explorations Inc. optioned the project, and in 2007 Geologix completed 14,000 meters of a 15,000-meter diamond drilling work commitment. In order to exercise its option, Geologix must complete a resource estimate, and pay US$1.00 to more... |
| VanEck Vectors Global Alternative Energy ETF Option: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Geologix Explorations Inc. has signed an option to purchase a 100 % interest in the San Agustin gold/silver/zinc property from Silver Standard Resources Inc. |
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Location of the SAN AGUSTIN Project |
San Agustin is located 85 kilometres north of Durango City in the State of Durango, Mexico. It is situated 5 km from a paved highway and the national power grid. The
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History of the SAN AGUSTIN Project |
The property has been explored in the past for gold-silver-zinc by Monarch Resources Limited during 1997-1998 and Silver Standard Resources Inc. during 2003. Exploration efforts to date include 14,290 meters of drilling in 93 drill holes.
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Geology of the SAN AGUSTIN Project |
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The property is underlain by a dacite volcanic dome complex resting on fine siltstones and sandstones. The entire package was structurally brecciated and mineralized with gold and silver on surface and base metal mineralization at depth.
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