Risk and valuation analysis of the Bolivar Project |
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Location of the Bolivar Project |
The Bolivar property is composed of eighteen mineral concessions in Chihuahua State, Mexico, approximately 250 km southwest (straight line) of the state capital, Chihuahua and covering approximately 7,549 hectares hectares. Procduction from the Bolivar mine is not subject to any royalties.
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History of the Bolivar Project |
Past mining activities on the Bolivar property have centered on the high-grade Bolivar mine and La Increíble mine.
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Geology of the Bolivar Project |
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The geologic setting for the project is a volcano-sedimentary assemblage of Cretaceous age that comprises flows and tuffs of andesite and basalt intercalated with greywacke, limestone and shale beds. Two distinct periods of volcanic activity have been recognized.
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Production history |
Metal | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | historical |
COPPER (lbs) | | | | | | | 36,000,000 |
COPPER (t) | | | | | | 1,960 | |
COPPER (lbs) | 2,900,700 | 3,854,685 | 3,854,685 | 3,528,774 | 12,140,856 | | |
ZINC (lbs) | | | | | | | 180,000,000 |
ZINC (t) | | | | | | 4,390 | |
ZINC (lbs) | 17,556,100 | 19,077,598 | 19,077,598 | 17,149,201 | 35,677,407 | | |
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