| Risk and valuation analysis of the Cananea Project |
|
|
|
|
|
|
|
|
|
|
|
| Location of the Cananea Project |
|
Located 44 miles from La Caridad, Mexico and 38 miles south of the Arizona border on the outskirts of the town of Cananea.
|
| |
| History of the Cananea Project |
|
The Cananea mine is the oldest continuously operating copper mine in North America, with operations tracing back to 1899.
|
| |
| Geology of the Cananea Project |
|
|
The Cananea mine is unusual in that the ore explored and sampled at the mine has been of consistent quality, unlike most copper deposits which evidence a decline in grades at deeper strata. The Cananea region is within the southern Cordilleran region, extending from southern Mexico to the northwestern United States.
|
| |
|
|
|
|
|
| Production history |
| Metal | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2001 | 2000 | 1999 |
| COPPER (lbs) | 420,000,000 | 12,400,003 | 127,800,035 | 222,600,062 | 237,400,066 | 246,400,070 | 287,200,082 | | | 226,677,093 |
| GOLD (oz) | | | 6,911 | 12,151 | 14,466 | | 10,029 | | | |
| SILVER (oz) | | | 798,334 | 1,615,844 | 1,697,819 | | 1,075,225 | 986,000 | 1,284,000 | |
|
|
|
|
|
