Capaz Project |
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Capaz |
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Country |
Philippines
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Province |
Tarlac |
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Close to |
Manila |
Status |
GREEN EXPLORATION
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Surface |
36 km² / 8,807 acres |
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Latitude / Longitude |
15 N 18 / 120 E 23 |
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Legends
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Risk and valuation analysis of the Capaz Project |
Status Risk : Green exploration |
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Title(s) of the Capaz Project |
| Metals Exploration Limited Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Capaz Project |
The Capaz EPA covers some 3,564 hectares in area and is situated approximately 20km southwest of Tarlac City, Tarlac Province, some 100km northwest of Manila.
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History of the Capaz Project |
The Capaz EPA area had been investigated by several explorers since 1987 when an alluvial panning “Gold Rush’ saw approximately 2,000 hand panners working in the area recovering alluvial nuggets and gold dust. It has been estimated that approximately 30 kilos of gold was realized from this small scale hand mining.
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Geology of the Capaz Project |
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Gold mineralization is hosted by weakly altered andesite and DDH-4 intersected gold mineralisation averaging >1g/t gold over 20 metres starting from 4 metres below surface.The Company believes that the property has the potential for the delineation of a shallow gold resource, which may be amenable to heap-leaching.
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Data last updated on : 10/14/2009
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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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