Cuance / Los Hojanchos Project |
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Dominican Republic
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Status |
EARLY DISCOVERY
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Surface |
43 km² / 10,724 acres |
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Legends
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Explores for
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Copper - Gold - Silver - Zinc -
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Risk and valuation analysis of the Cuance / Los Hojanchos Project |
Status Risk : Early discovery |
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Title(s) of the Cuance / Los Hojanchos Project |
| VanEck Vectors Global Alternative Energy ETF Interest: 50% |
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Title | Company Profile | All Projects | Company website | Company project page |
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After the completion of this drill program, the Company will have earned a 50% interest in the Cuance and Los Hojanchos concessions from GlobeStar Mining. |
| VanEck Vectors Global Alternative Energy ETF |
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Title | Company Profile | All Projects | Company website | Company project page |
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Exploration is funded by GlobeStar’s joint venture partner, Everton Resources Inc., which will earn an interest of 50% on expenditure of $1.17 million by July 31 2009. Everton may earn an additional 20% by funding a feasibility study to bring the project into production. GlobeStar is the operator of the Cuance-Los Hojanchos joint venture. |
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Location of the Cuance / Los Hojanchos Project |
The Cuance and adjacent Los Hojanchos Concessions lie 25 kilometers east of the town of Maimón, and about 10 kilometers southeast of the Cerro de Maimón copper/gold mine. Both concessions are accessible by secondary roads from the Santo Domingo-Monte Cristi highway.
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History of the Cuance / Los Hojanchos Project |
Two previous drilling programs in 1999 and 2004 targeted geophysical anomalies identified from ground induced polarization and resistivity surveys across the northern part of the Los Hojanchos Concession. Short intervals of copper mineralization were more...
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Geology of the Cuance / Los Hojanchos Project |
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The Cuance and Los Hojanchos Concessions properties lie at the western margin of the Los Ranchos Formation, part of the Early Cretaceous Caribbean volcanic island arc sequence which has been overthrust by volcanic units of the Maimón Formation. The m more...
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Data last updated on : 1/9/2008
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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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