Risk and valuation analysis of the Montaña de Oro Project |
Status Risk : Brown exploration |
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Title(s) of the Montaña de Oro Project |
| VanEck Vectors Global Alternative Energy ETF Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The government of Mexico began auctioning the National Mineral Reserve blocks to mineral exploration interests in 2003. The Company was the successful bidder and acquired the right to purchase a 100% interest, subject only to a 1% royalty payable to the government of Mexico, in late 2004. |
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Location of the Montaña de Oro Project |
The Montaña de Oro Project, is located at the junction of the states of Sonora, Sinaloa and Chihuahua in northwestern Mexico, encompassing over 600 square kilometres at the heart of the Three State Precious and Base Metal District
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History of the Montaña de Oro Project |
The core of the Montaña de Oro Project (roughly 100 square kilometres) was formerly part of the National Mineral Reserve of Mexico. Initially placed into the National Reserve on the basis of its gold exploration and development potential the Montaña more...
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