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Boka |
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Pays |
China
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Etat / Province |
Yunnan |
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Statut |
ADVANCED DISCOVERY
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Latitude / Longitude |
26 N 29 / 103 E 1 |
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Légende
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Statut : Advanced discovery |
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Risques / Pays : Important |
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| Southwestern Resources Corp. Interest: 90% |
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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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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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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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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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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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Données mises à jour le : 02/11/2007
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Conditions d'utilisation
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