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 | Creston Moly Corp.
Owner: 100% |
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| Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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| Georgia Ventures Inc. has entered into a letter of intent (“LOI”) to acquire 100% of the shares of
Creston Mining Corporation (“Creston”), a private Canadian Company that through its wholly
owned Mexican subsidiary, Minera Exploraciones Global S.A. Plus... |
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The property is located approximately 145 kilometers northeast of the city of Hermosillo, State of Sonora, Mexico near the village of Opodepe. Access to the property is excellent, via paved highways and 15 km of all weather gravel road. The Creston deposit is located within a prolific belt of porphyry deposits which include Grupo Mexico's Cananea and La Caridad mines.
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The Creston area was first recognized by the Spanish Conquistadores who did some work in the
area focusing on gold and silver.
Field examination of the area by Climax in 1919 resulted in the Creston property being
submitted to both the Climax Moly Plus...
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Mineralization at Creston is associated with a 53 million year porphyritic quartz monzonite stock which intruded a complex of Proterozoic igneous and metamorphic rocks. Most of the molybdenum mineralization occurs within the Proterozoic Creston Granite, as disseminations in quartz stockworks or in the matrix of breccia zones within areas of intense phyllic alteration.
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