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The Bolivar property is composed of eighteen mineral concessions in Chihuahua State, Mexico, approximately 250 km southwest (straight line) of the state capital, Chihuahua and covering approximately 7,549 hectares hectares. Procduction from the Bolivar mine is not subject to any royalties.
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Past mining activities on the Bolivar property have centered on the high-grade Bolivar mine and La Increíble mine.
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The geologic setting for the project is a volcano-sedimentary assemblage of Cretaceous age that comprises flows and tuffs of andesite and basalt intercalated with greywacke, limestone and shale beds. Two distinct periods of volcanic activity have been recognized.
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