Boka Project |
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Boka |
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Country |
China
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Province |
Yunnan |
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Status |
ADVANCED DISCOVERY
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Latitude / Longitude |
26 N 29 / 103 E 1 |
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Legends
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Risk and valuation analysis of the Boka Project |
Status Risk : Advanced discovery |
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Title(s) of the Boka Project |
| Southwestern Resources Corp. Interest: 90% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The Company has earned a 90% interest in the joint venture company that holds the Boka Gold Project by contributing a total of US$4,010,000 to the joint venture company and making a payment of US$1.7 million to Team 209 of the Nuclear Industry of Yunnan Province ("Team 209"), the joint venture partner. Team 209 will retain a 10% carried interest. |
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Location of the Boka Project |
The Boka Gold Project, located in Yunnan Province in southern China about 110 kilometres north of the capital city of Kunming, is a newly discovered area of high-grade gold mineralization.
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History of the Boka Project |
The favourable stratabound mineralized horizon has attracted artisanal miners to develop more than 200 tunnels (adits) into the mountainside since gold was discovered in the area five years ago.
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Geology of the Boka Project |
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Gold mineralization is hosted by Middle Proterozoic carbonaceous shales and calcareous siltstones within a stratabound thrust zone of ductile-brittle shearing, which is characterized by extensive multi-phase breccia/shear development and accompanied by quartz-carbonate and sulphide (pyrite) replacement.
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Data last updated on : 11/2/2007
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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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