| LA ESPERANZA | Ag Au | VEIN-STOCKWORK | MEXICO |
Geology:
Andesitic Volcánic and rhyolite flows
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Mineralization:
Epithermal in all cases with land level blooming.
Gold in free form, (Electrum) and Au as Argentite;l both come from veins going from 0.3 to 25 meters in width stock work zones.
Fracture zone represented for "cizalla" zones with directions N55 degrees E abd N-S a N15 degrees E, this one, enbanq epitermal mineralization of Au-Ag, zones 0.5m to 1.5m and locally as long to 25m width (zones off stockwork between 2 veins) constituid for (vetas-vetillas) of 1-10cm in stockwork, of white chalceldonic quartz, white semicrystalline , drusy in-fill cavities; hematite, limonite with goethite in the high parts (represented the oxidation zone), in the low parts ( temporary water floods principally) pytire, Ag minerals and chalcopytite (occasionally).
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| Work:
Historic mining district;
Initial working started in this mine in 1929 to a maximum depth of 25 meters in the wells but mineralization continues to unknown depth;
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Results:
3 to 68 g/t Au, 100 to 1,300 g/t Ag. "stock work" zones up to 25 meters with minimum values of 1.5 g/t Au and 100 g/t Ag
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Property Details & Access:
68 HA
Road access; 206 km to Cuauhtémoc; 306 km to Chihuahua city is 306 km with a driving time of 5 hours.
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Detail Location:
Chihuahua, Ocampo, nearest town of Yoquivo.
28° 3´ 8.5000" N y 108° 3´ 38.1000" W
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Other Comments:
Discovered at the end of the IXX century where 3 gr. To 1,500 g/t Au and from 100 to 200,000g/t Ag reported.
Project located in the heart of an important mining region. Today, companies such as Gammon Gold with the Ocampo project, Agnico Eagle with Pinos Altos, Exmin with Moris and Maguarichic as well as Golden Goliath Resources and La Imperial Resources with the Uruachi project, altogether conform a 30 Km. Radius. La Esperanza mining Project is located in the center of all of them.
The mine counts with roads, a new beneficial plant, water services, explosives, drilling equipment, and legal permits.
NEGOTIATION TERMS:
Joint Venture: 35%, in $500,000 USD investment.
For Sale: $4,200,000 USD, or Lease 5 years
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Vendor / Contact:
Ives Y. Figueroa
Phone: +52 (656) 6110130
Mobile: (656) 1676662
E-mail: ifigueroa@fuentes7.com.mx or ivesecologia@hotmail.com
nmex01Submitted 05/11
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