In Mariana zone (a third party property) there is an outcrop of granite porphyry intruded by breccia carbonatite, over a
“MINING INVESTMENT PROJECT, DEVELOPED BY MEXICAN GEOLOGICAL SURVEY”
MINING PROJECTS BY PUBLIC BIDDING IN 2014
Seaport Ensenada
NO.
2
Mexicali
1
3
16
7 8 10 9
Hermosillo Seaport Santa Rosalia
Seaport Isla de Cedros
11
Chihuahua
5
17
15 Monterrey
6 Seaport La Paz
Saltillo
Culiacán
PROJECT
1 2 3
Delia
4
Ixtepec
5 6 7 8 9 10
Red. Las chinacas San juan-la paz El porvenir El indio La fluorita 01 La fluorita 02
11
La india
STATE
SUBSTANCE
Son.
Au
15,170 102 93
Oax.
Au, Ag, Pb, Zn, Cu
3,850
Delia Mexicali fracc. 8 Mexicali fracc. 9
Son. y Chih. B.C.S. Chih. Chih. Coah. Coah.
HA
Au, Ag, Pb, Zn, Cu 10,564 146,329 P2O5 Ag, Cu 33,476 E.T.R. 16,440 CaF2 56,963 31,671 CaF2 CaF2
19,938
SURFACE
334,596
Coah.
18 Durango Cd. Victoria
Seaport Mazatlán
Zacatecas
Seaport Cabo San Lucas Nayarit
NO.
PROJECT
STATE
SUBSTANCE
13 14 15 16 17 18
Jáltipan 1 Jáltipan 2 Red. Rancho Viejo Chupaderos Los Borregos Red. Hidalgo Fracc. 29 Picacho
Ver. Ver. Mich. Jal. N.L. Chih.
S S Au Ag, Pb, Zn Mn
4,006
Querétaro
Guadalajara
23,359
Campeche
Toluca Puebla
13
9,033 16,031 4,100
Seaport De Lázaro Cárdenas
Ag,Zn,Pb,Cu
1,379
Tams.
E.T.R.
4,433
SURFACE
62,341
Seaport Capital
12
Highway
Chilpancingo Oaxaca
4 Tuxtla Gutierrez
Seaport De Acapulco
Coah.
Seaport De Cozumel
Seaport De Veracruz
D.F.
Morelia Colima
Merida
Pachuca
14 Seaport De Manzanillo
Seaport De Progreso
Seaport De Tuxpan
Aguascalientes Guanajuato
HA Seaport Vallarta
12
Seaport De Tampico
San Luis Potosí
Graphic Scale
Seaport Salina Cruz
0
250
Kilometers
500
1. Delia / TecnicalSheet LOCATION
Puerto Peñasco and Plutarco Elías Calles Municipalities, Sonora, México.
PROPERTY
15,365 hectares.
INFRASTRUCTURE
Located 37 kilometers to the Northeast and Southwest respectively of Puerto Peñasco (45,000 habitants) and Sonoyta (12,900 habitants) cities, in Sonora state, connected by 34 kilometers of paved road and 3 km unpaved road. The line high-voltage closest is located 23 km on the federal highway No. 8.
SURFACE RIGHT
The mining property is settled in 5 Ejidos:. Alfredo V. Bonfil Ejido (106 members), Valle Verde (48 members), Gral. Benigno Serratos (84 members), División General Lázaro Cárdenas (61 members), N.C.P.E. Dotación Aquiles Serdán (66 members).
DEPOSIT TYPE MINERALIZATION HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS GEOLOGICAL STUDIES GEOLOGICAL SETTINGS
SURROUNDING MINES
Orogenic Bulk tonnage Deposit. Gold. Schist, gneisses and deformed granites. Silicification and argitilization. 0.52 g/t. 2’500,000 of gold Ozs. Early stage. Mobile metal ions (MMI), geochemistry and studies of Geophysics (gravity and electromagnetic). Total investment $115,191.18 USD. The area is mainly covered by fine-grained thick-clastic sequences. Founding into the orogenic gold belt, in the gold orogenic deposit type, at Northwest to the Sonora, structurally-controlled by faults systems and fractures. The Project is located 45 kilometer at Northeast from the open pit mines, property of Peñoles Co., “La Herradura”, (resources M&I,I 4.2 million Ozs. of gold), “Soledad-Dipolo” (resources M&I,I 2.36 million Ozs. of gold) “Noche Buena” (resources M&I,I 1.6 million Ozs. of gold) and Aurico Gold “El Chanate” (resources M&I, I 1.73 million Ozs. of gold).
1. Delia
Project
Delia project is located in the Puerto Peñasco and Plutarco Elías Calles municipalities. It is located 37 kilometers north-east and west respectively of the populations of Puerto Peñasco and Sonoyta, in Sonora state, being well connected by 34 kilometers of paved road (Federal Highway No. 3) and 3 kilometers of dirty road. As part of a regional exploration program to identify evidence related to orogenic gold deposits, a high resolution magnetic- radiometric survey and the results indicate that there is a relationship between the anomalous high, low and known deposits so, given the geological regional context, which determines the NW - SE structural evidence.
Graphic Scale 0
2.5 5 Kilometers
10
Were collected 904 soil samples to be analyzed by the method of Mobile Metal Ion (MMI) with separation of 300 meters, in 28 lines in the N45°E direction, and were collected every 500 meters. The Ag, As, Au, Hg, Pd and Sb assays were processed in the laboratory “Australia Minerals” (LAS) for their expertise and efficiency. The gold and silver anomalies show remarkable agreement with the geophysical guidelines.
MMI Gold Anomalies
The response factors were calculated by dividing by 0.02 gold ore grades. A high ratio suggests good chance that an element is present at depth. Any sample with ratio of 10 or greater was considered anomalous. Specifically, a factor of 80 times higher than the background value was calculated. The most important geochemical anomaly spans an area of 2 km2 in south‐central “Delia Project” portion coincides with the projection of intrusive bodies with terrestrial exploration interpreted resistivity and gravimetric. High‐resolution geophysical results, MMI geochemical anomalies and geological structural context analysis on the project, suggest an attractive area for additional exploration.
Times upper the anomal value
0-9
31-40
10-20
> 40
21-30
Graphic Scale
0
1
2.5
Kilometers
5
1. Delia
Project EXPLICATION QUATERNARY Qhoal
Alluvium
Qholi
Litoral
Qhola
Lacustre
Qhopa
Palustre
Qhoeo
Eolian
QptCgp
Conglomerate polimictic
TERCIARY TmB
Basalt
TmTR-Da-A Rhyolitic tuff-Dacite-Andesite JURASSIC JimR-Ar-A
Sandstone-Andesite
PALEOZOIC CipcpCz-Do-Ar Limestone-Dolomite-Sandstone
PROTEROZOIC pTimGn-E
Gneis-Esquisto
ROCAS ÍGNEAS INTRUSIVAS TeoGr
KsTpaGr-Gd Granite-Granodiorite
Graphic Scale 0
10 20 Kilometers
Granite
40
JmsGr
Granite
pTmGr
Granite
Geologically stands at Orogenic Gold Belt of Northwestern Caborca Sonora, a stretch in which important deposits associated with Proterozoic metamorphic and intrusive rocks were emplaced Paleozoic. Examples are mines: “La Herradura”, “Soledad‐dipoles” and “Noche Buena”, which total reserves sum 8 million gold ounces.
Return to general plane
1. Delia
Project EXPLICACIÓN MINING ASSIGNMENT DELIA NORMAL FAULT SHEAR FAULT LINEATION
GEOLOGY CUATERNARY EOLIC SAND-SILT GRAVER-SAND
PROTEROZOIC LOWER-MIDDLE GNEISS-SCHIST
INTRUSIVE IGNOUS ROCKS DIORITE-GRANODIORITE GRANITE GRANITE GRANITE
Graphic Scale
4
2
0
Kilometers
4
4. Ixtepec / TecnicalSheet LOCATION
Ixtepec, Municipality, Oaxaca State, México.
PROPERTY
3,850 hectares.
INFRASTRUCTURE
SURFACE RIGHT DEPOSIT TYPE MINERALIZATION HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS GEOLOGICAL STUDIES GEOLOGICAL SETTINGS SURROUNDING MINES
Located 7 km at North from Ixtepec City, (26,450 habitants). This city has an unpaved road with length of 7 km, connecting the project, passable all the year. The project is far 70 kilometers northeast from Salina Cruz port and 290 km west of Oaxaca city, with a population of 543,721 habitants. The nearest electrical substation is located in Ciudad Ixtepec, at a distance of 4 km and La Venta Central Eoloeléctrica, at a distance of 5 km. This mining property is seated in the community of Ixtepec (911 community members). Low hydrothermal sulphidation. Au, Ag, Pb, and Zn. Metavolcanic sequence. Argillic. 1 g/t Au, 80 g/t Ag, 2% Pb, and 2.5% Zn. 25 million tons @ 1 g/t Au, 80 g/t Ag, 2% Pb, and 2.5% Zn, 800, 000 Oz Au, 64.5 million oz Ag, 500,000 tons Pb, 625,000 tons Zn. Early Stage with 6 drill holes in 1,167 meters made by the SGM. Drilling, rock samplings as well as channel, geochemistry and geological mapping samples. Total investment $312,666.52 USD. Low to medium temperature, mineralization occurs in a series of sub-parallel veins and veinlet’s and is considered a large-tonnage and low-grade deposit. Located 100 kilometers to the east of the “San José de Gracia” Mine from Golden Trump Resources, with 250,000 tons, with 1.59 g/t Au, and 260 g/t Ag ore grade.
4. Ixtepec Project This Project is connected with Ixtepec city, traveling a distance of 7 km by unpaved road passable in all seasons. Also, is located 70 kilometers northeast of the port of Salina Cruz and 290 kilometers west of the Oaxaca city. The geological potential is estimated at 25 million tons of mineralized rock with an ore grading average of 1 g/t Au, 80 g/t Ag, 2% Pb and 2.5% Zn. It is located 100 kilometers east of Mina “San José de Gracia”, property of Golden Trump Resources, with 250,000 tons with an ore grading average 1.59 g/t Au and 260 g/t Ag. 98°W
96°W
94°W N
18°N
Tuxtepec
18°N Mariscala
Cuicatlan
Huajuapan Teposcolula
Ixtlan
Nochixtlan Tlaxiaco
Etla Zacatepec
OAXACA
Putla
IXTEPEC
Choapan
Santiago Amoltepec
Matías Romero
Zimatlan
Santa María Chimalapa
Ixtepec Ejutla
Pinotepa Nacional
Juchitan Juquila
Tehuantepec
Miahuatlan
Río Grande
Salina Cruz
16°N
16°N Puerto Escondido
Graphic Scale Puerto Ángel
98°W
96°W
94°W
0
50
Kilometers
100
4. Ixtepec Project Oldest rocks in the region are late Jurassic metavolcanic outcropping along a NW‐SE strip, north of the project. They are followed by a Neocomian meta‐sedimentary sequence topped by Albian limestone and dolomite. By Paleocene, clastic rocks are deposited, and by Miocene, a magmatic event takes place during which andesite‐dacite tuff, subvolcanic dacite intrusions and granite granodiorite are emplaced, a suite that is part of the Southern Sierra Madre Magmatic Arch. Ixtepec Height is located in the east flank of a tectonic graben limited by a NW‐SE system of faults along which intrusion of crystalline and hypabyssal rocks into the previous meta‐volcanic, meta‐ sedimentary as well as the andesite and conglomerate sequences. It is possible that during the late sub‐volcanic stage, saturated hydrothermal fluid were circulating to fill the micro‐fractures and faults systems. As a result, quartz veins and veinlets parallel systems are observed bearing galena, sphalerite, pyrite and chalcopyrite in an intense argillic alteration and silicified zone generating an outstanding oxidized and leached aureole. Such arrangement suggests a gold‐silver‐associated high sulfidation conditions.
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4. Ixtepec Project EXPLICATION QUATERNARY Qhoar-lm
SAND-SILT
TERCIARY Tm TA-Tda
ANDESITIC TUFF-DACITIC TUFF
TpaeLm-Cgp SILTSTONE-CONGLOMERATE
POLIMICTIC CRETÁCEOUS KaceCz-Do
LIMESTONE-DOLOMITE
JURASSIC Js(?)MV
METAVOLCANIC
INTRUSIVE IGNOUS ROCK Tm Gr-Gd Tm PDa DDH IX-04
GRANITE-GRANODIORITE DACITIC PORPHYRY DRILLHOLE DONE Graphic Scale
0
1
2.5 Kilometers
5
5. Red. Las Chinacas / TecnicalSheet LOCATION
Ascensión, Chihuahua, México.
PROPERTY
10,564 hectares.
INFRASTRUCTURE
Located northeast of the Álamos city, Sonora state, with a population of 24,500 habitants and 325 kilometers southeast of Hermosillo city, Sonora, with a population of 715,000 habitants. Accessed by paved highway up to the Álamos city, from there 66 km for unpaved road until the project. The nearest electrical substation is located 50 km in the town of Álamos, Son.
SURFACE RIGHT
This mining property is found seated between 2 common lands: “Saharibo” (78 common land members) and “La Vinatería” (107 common land members).
DEPOSIT TYPE MINERALIZATION HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS GEOLOGICAL STUDIES
Polymetallic epithermal low sulphidation (veins and stockwork quartz). Gold, silver and secondary mineralization of copper and zinc. Andesites, tuffs from the river, sandstones and plutonic intrusions. Strong silicification and argitilization. 0.5 g/t Au, 100 g/t Ag, and 1% Cu. 150,000 Ozs. of gold and 25 million Ozs. of silver. Early stage. Geological mapping and rock sampling. Total investment $78,150.82 USD.
GEOLOGICAL SETTINGS
The geological-structural framework, the metal content and the geochemical interpretation, allow a proposal of at least two-stages of mineralization. The first would be an (surface) high temperature event with Au-Cu, widely-held that might constitute a large volume diseminated deposit.
SURROUNDING MINES
Locating 70 km in straight line from the “Mulatos” mine (4.5 million Ozs. of gold, Alamos Gold), at 18 km west of ” Piedras Verdes” (50.3 million tons of copper, Frontera Copper Coporation), at 19 kilometers at south from open pit, “Álamo Dorado” (89 million tons @ 77 g/t Ag, 0.32 g/t Au mineral contain, 220.7 Silver Oz. and 0.9 Oz Gold, Panamerican Silver Corp.) At 60 kilometers south from the “San José de Gracia” Project (Dyna Resource, Inc. 1.2 million gold Ozs.), and 50 km far from “El Sauzal” project, (4.1 million Gold Oz, from Gold Corp.).
5. Red. Las Chinacas Project It is located northwest of the
MEXICALI Tecate Tijuana
ESTADOS UNIDOS DE NORTEAMERICA
N Real del Castillo Sonoyta Ensenada
CD. JUAREZ
ISLA MONTAGUE
San Vicente
BISMARK
Agua Prieta
Nogales
Puerto Peñasco
San Felipe
Altar Caborca
Janos
Santa Ana
San Quintín
Nacozari
Loma de Arena
N. C. GRANDES
Benjamíin Hill
El Rosario
Moctezuma
ISLA ANGEL DE LA GUARDA
HERMOSILLO
Sahuaripa Mazatán
Bahía de los Angeles ISLA SAN ISLA DEL ESTEBAN TIBURON ISLA CEDROS
CHIHUAHUA
Ures
Calamajue
Coyame Namiquipa
OJINAGA
Yécora
Yepachi
Nuri
M. Benavides CHIHUAHUA Julimes
La Junta CUAUHTEMOC
BAJA CALIFORNIA SUR
DELICIAS
La Perla
Guaymas
LAS CHINACAS Cd. Obregón Navojoa
Creel
Carichi
Naica
Nonoava JIMENEZ
Balleza Guachochi
0
100
Gpe. y Calvo
200 Km
town of Alamos and from there you must travel 66 km
CAMARGO
Alamos
Graphic Scale
Access is by paved road to the
Falomir
A. Obregón
Tecoripa
El Arco
the Hermosillo city, Sonora.
Sueco
F. Magón
San Carlos
Punta Prieta
325 kilometers southwest of
Porvenir Cananea Magdalena de Kino
town of Alamos, Sonora and
PAR RAL
until arrive to the project.
3’025,000
730,000
735,000
740,000
3’025,000
5. Red. Las Chinacas Project To TR‐R To TR‐R
Te PA
3’020,000
3’020,000
To TR‐R
To TR‐R
Four geological and mining importance areas were identified: “El Capulín”, “Las Chinacas”, “Yecaroma” and “La Verde”.
Ks Tpa A‐TA
Ks Tpa A‐TA
The prospect “Las Chinacas” the polymetallic epithermal low sulphidation mineralization is emplaced as silicified outcrops, gaps and networks as a result of hydrothermal veinlet filling systems normal lateral faults and shear. The host rock consists of rhyolite and andesitic tuffs, andesite, granodiorite, diorite and sandstone of Late Cretaceous-Pliocene. Mineralization consists of gold, silver, copper and zinc.
Tpa Gd
3’015,000
3’015,000
To TR‐R
Ks Tpa A‐TA Ks Tpa A‐TA
To TR‐R
To TR‐R
Ks Tpa A‐TA
To TR‐R
735,000
730,000
740,000
Graphic Scale 0
ToTR-R
1
RHYOLITIC TUFF RHYOLITE
KsTpaA-TA ANDESITE ANDESITE TUFF
2 Kilomers
4
TePA
ANDESITE PORPHYRY
TpaGd
GRANODIORITE
In the Capulín, are two mineralized structures emerge: the “Tantabique” vein with ore grades average 0.27 g/t Au and 89 g/t Ag and “Las Tinajas”, with an average ore grade 0.15 g/t of gold. Las Chinacas a 2 km2 area intensely oxidized, where advanced argillic alteration seen; an anomaly that has an average of ore grade with 0.17 g/t Au was defined.
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5. Red. Las Chinacas Project 735,000
740,000
3025,000
730,000
EL CHIRIVO BLOCK
Yecaroma, is an area where advanced argillic alteration and silicification is observed, in which some silicified outcrops scattered throughout the area are easily identified and also observed dissemination sulphide in the rock. The “Santa Elena” vein reported average content of 0.2 g/t Au and 148 g/t Ag ore grades, the vein “El Jabalí” gave 0.14% Zn and 0.2 % Pb ore grades.
RHYOLITES
3020,000
La Verde, the samples collected in the northern portion reported 1.6 g/t Au, 319 g/t Ag and 2.29% Cu, while in the south gave contents of 0.39 g/t Au, 0.47% Zn and 0.95% Pb. YECAROMA
LAS MILPILLAS BLOCK
Sili‐ OXI Sili‐ OXI
Sili
ANDESITES
3015,000
ARGI‐OXI
Sili‐
LAS OXI CHINACAS
Sili‐ OXI Argi‐
OXI‐Sili
Sili‐ OXI
The geological potential is estimated in 150,000 gold ounces and 25 million silver ounces, with ore grade average of 0.5 g/t Au and 100 g/t Ag.
Argi‐ OXI
OXI
Sili‐ OXI
ARGI‐OXI
Sili‐ OXI
Contact
ESCALA Scale GRÁFICA Graphic Km 0
1
2
3
4
5
Fault
Alteration
ARGI‐OXI
Curvilinear
Within a circle with a 60 km radius around the “Reduction Chinacas Assignment” we can found the following mines; “Mulatos” mine (4.5 million ounces of gold, Álamos Gold), “Piedras Verdes” (50.3 million tons of copper, Frontera Copper Coporation), “Álamo Dorado” open pit (89 million tons at 77 g/t Ag, 0.32 g/t Au containing 220.7 ounces of silver and 0.9 ounces of gold. Panamerican silver Corp), “San José de Gracia” Project (Dyna Resource, Inc. 1.2 million ounces of gold) and “El Sauzal” project, 4.1 million ounces of gold, Gold Corp.
6. San Juan La Paz / TecnicalSheet LOCATION
La Paz, South Baja California State, México.
PROPERTY
146,329 hectares.
INFRASTRUCTURE
Located in the southeastern portion of the South Baja California State, in a N70°W direction and 80 km in straight line from the “La Paz” city, with a population of 219,600. Access is from this city traveling by the federal Road No. 1, and taking a deviation in the kilometer 112, to the project, traveling 6 to 8 km on unpaved road. The line nearest electrical energy is located in the town 13 km Pocitas.
SURFACE RIGHT
This mining property includes 7 common lands: “Ley Federal de Aguas Número Dos”, (293 members), “Ley Federal de Aguas Número Tres ” (306 members), “N.C.P.E. Flor de California” (74 members), “N.C.P.E. Alfredo Vladimir Bonfil” (127 members), “San-Hilario” (78 members), “N.C.P.E. Ignacio Zaragoza” (112 members), “N.C.P.E. Ley Federal de Reforma Agraria Dos” (68 members).
DEPOSIT TYPE MINERALIZATION HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS GEOLOGICAL STUDIES
Singenetic marine sedimentary. Phosphorite. San Gregorio formation siliclastic sequence. No observation. 17 % P2O5. Mantles, with 3 kilometers of longitude and 75 centimeters thick. Early stage. Geological mapping and rock sampling. Total investment $102,190.83 USD.
GEOLOGICAL SETTINGS
Marine sediments from Holocene to Paleocene and continental volcanic rocks. The host rock is “San Gregorio formation” and consists of shale, sandstone sequence, limonite, phosphate tufts or siliceous shale and sandstone with enriched phosphorus granular, aged Oligocen-Miocen.
SURROUNDING MINES
Located 20 kilometers at west of the “Rofomex 2” mine, belonging to the Fertinal Group, with an infrastructure to extract and benefit mineral, with a capacity of 15,000 tons per day using the method of flotation with a production of 3,000 tons concentrate per day.
6. San Juan – La Paz Project Located at the southeastern to Baja California Sur State portion, 70° to the northwest and 80 kilometers in a straight line from “La Paz” capital city. The access begins since this city by the federal Highway Number 1, in the 112 kilometer there is the deviation to the project, traveling 6‐ 8 km by unpaved road. The outcrops come into regionally sequences inland marine sediments and volcanic rocks ranging in age from Paleocene to Holocene. The “San Gregorio” Formation of Oligocene ‐ Miocene is composed of sandstone, shale mudstone tuffaceous phosphate or silica (porcelain), siltstone and sandstone containing granular phosphorite and also is the most important unit of rock that contains the mantles of phosphorite. The interest zone its located 20 kilometers west of the Fertinal Rofomex Group 2 mine, which has infrastructure for extraction and processing of ore, with a capacity of 15,000 tons/day using the flotation method with a production of 3,000 tons/day concentrate.
Graphic Scale 0
25 Kilometers
50
6. San Juan – La Paz Project Five areas of importance were identified; “San Hilario”, “Laguna Cota”, “La Matanza”, “Cañada del Cerro” and “El Gavilán”. Structures that are of most interest are a pair of mantles known as “San Hilario”, and can be observed for about 2.5 km, and “Laguna Cota” along almost 3.7 km, both variable toward the NW30°‐ 60° W and dip soft NE from 02° to 04°. The thickness also has variations ranging from 0.20 to 1.50 meters. With the assays results performed to the samples collected, we obtained average ore grade 17 % P2O5 for mantles. It is estimated that the mantles may extend for 20 km to reach the eastern boundary of the project, and lthough not emerge in full; it is the same mineralized horizons that arise and operated in “San Juan de la Costa”. For this reason and geological characteristics of the region, it is estimated geological potential constituted by 3 km long and 0.75 m thick mantles, with an ore grading 17% of phosphorus pentoxide.
Return to general plane
6. San Juan – La Paz Project
• Both, lower (1.07 m) and upper (0.54 m wide) mantos extend over 2.5 km. • Lower returned average grade of 15.79 % P2O5 with hights up to 22.5% de P2O5. • Upper content is 17.01 % P2O5 with punctual maximum grade up to 19.9% P2O5..
7. Porvenir / TecnicalSheet LOCATION
Praxedis G. Guerrero and Guadalupe, Chihuahua State México.
PROPERTY
33,476 hectares.
INFRASTRUCTURE
SURFACE RIGHT DEPOSIT TYPE MINERALIZATION
Located 90 kilometers to the southeast of Juárez City, Chihuahua (1´321,004 habitants). The highway through Chihuahua City traveling 47 kilometers; from there you take an unpaved road to the east traveling 43 kilometers. The nearest power line is located 60 km on the highway to Ciudad Juárez. This mining property covers the common land “Guadalupe Victoria” (109 members). Mississippi Valley (MVT). Silver and Copper.
HOST ROCK
Cretaceous limestone.
ALTERATION
Oxidation and argillic.
ORE GRADE
67 g/t Ag, 1.35% Cu.
GEOLOGICAL POTENTIAL STATUS
1.1 million Silver Ozs., 14 million Cu pounds. Early stage.
GEOLOGICAL STUDIES
Geological mapping, shard sampling and lithogeochemical. Total investment $193,173.76 USD.
GEOLOGICAL SETTINGS
The mineralization is controlled by stratification planes of calcareous sedimentary sequences of Cretaceous age.
SURROUNDING MINES
The “Bismark” mine is located 100 kilometers in straight line to the west, with reserves of 7.9 million tons of Cu, Zn, Pb, and Ag.
7. Porvenir
Project
“El Porvenir” project is located in the northern portion of the state of Chihuahua, occupying part of the municipalities of Praxedis Guerrero and Guadalupe. 90 kilometers southeast of Ciudad Juarez, Chihuahua, traveling towards the city of Chihuahua along the highway 47km, hence take a unpaved road eastward traveling 43 kilometers. Mineralization consists mainly of Pb‐Zn‐Cu (Limestones‐mudstones and Limestones) represented by oxides and carbonates as hidrocincite, smithsonite, cerussite and malachite with associations Ag and minor of Ti and Mo. The chip and channel sampling conducted in these mineralized structures was given its surface orientation occurrence, obtained ore grades in veins with 458 ppm Zn, Pb and 171.53 ppm, and for mantles 155 g/t Ag, 2.3 % Cu and 104.5 ppm Zn . The scope of work developed by the SGM on Assignment “El Porvenir”, allowed estimation based on distribution, longitudinal development, thickness of the identified mineralized structures and dimensions of the mineralized trend potential of 500 tons with ore grading of 67 g/t Ag and 1.35 % Cu.
Graphic Scale 0
100
200 Km
Return to general plane
7. Porvenir
Project EXPLICATION QUATERNARY
Eolian Silt-Sand Conglomerate polimictic TERCIARY
Rhyolite-Riodacite CRETACEOUS
Limestone-Siltstone Limestone-Shale Sandstone-Shale A.M. Porvenir Valid mining claim Mine
It is located in the physiographic province of the Basin and Range, in the subprovince of Folded Northern Ranges. The geological context is represented from the base to the top, by “Las Vigas” formation (Kvh Ar-Lu). This unit is overlain by the “El Cuchillo” formation (Kbap Cz- Lu) in transitional manner. Subsequently the “Benigno” Formation (Kaim Cz), covered in concordance the Walnut Formation (Kam Cz Lu) and is in turn covered by “Finlay” Formation (Kams Cz). Unconformably covering the previous units, outcrop of semi-consolidated deposits and unconsolidated Quaternary (Holocene), consisting of gravel and sand (Qpt gv -ar). In the project there are two areas of interest, called “El Porvenir Norte” and “El Porvenir Sur”.
Population
Graphic Scale 0
2.5 5 Kilometers
10
In the northern portion are identified and located 24 veins, 10 mantles and 13 zones of stockwork, hosted by sandy, clay and calcareous rocks, belonging to “Vigas”, “Cuchillo” and “Benigno” formations. In the southern portion were identified and located two veins, one breccia, 2 mantles and 2 stockwork zones, hosted in clay- calcareous and calcareous rocks of the “Cuchillo” and “Benigno” formations.
8. El Indio / TecnicalSheet LOCATION
Ahumada, Chihuahua State, México.
PROPERTY
16,440 hectares.
INFRASTRUCTURE
Located 90 kilometers to the southeast of Juárez City, Chihuahua (1´321,004 habitants). Access from “Villa Ahumada” is on federal highway No. 45 to Ciudad Juárez traveling 22 km to the “Estación Lucero” to continue east on a dirty road for the last 43 km.
SURFACE RIGHT
This mining property is covering the private property of “El Panal” Ranch and “San Francisco” Ranch.
DEPOSIT TYPE MINERALIZATION HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS
Magmatic. Rare earths (REE) and metals. Porphyry Rhyolitic. Silicification, oxidation and argitilization. 993 ppm Σ REE (total rare earths) and 0.33 g/t of Σ platinoids (sum platinoids ). 95,288 tons REE. Early stage.
GEOLOGICAL STUDIES
Geological mapping semi-detailed surface, shrapnel and channel sampling. Total investment $90,909.09 USD.
GEOLOGICAL SETTINGS
Rare earths and metals mineralization is associated with the presence of carbonatitics dikes and drag breccias.
SURROUNDING MINES
The “Bismark” mine is located 100 km in straight line to the west, with reserves of 220 thousand pounds Cu, 370 thousand pounds Pb, 4.8 million pounds Zn and 7.8 million Ag Oz.
8. El Indio Project It is located 90 kilometers southeast of Ciudad Juárez and 50 kilometers northeast of the town of “Villa Ahumada”. In this town, you drive north on Federal Highway No. 45 to the area known as “Estación Lucero” with route 22 kilometers where the deviation is taken east on a dirt road for 43 kilometers. LOCALIZATION
The estimated geological potential in the project is 95,288 tons of rare earth grading 993 ppm ΣREE (Sum rare earths). Additionally, ore grading 0.33 g/t platinoids Σ(Sum platinoids) is reported.
The “Bismark” mine, located 100 kilometers west is in a straight line with reserves of 220,000 pounds of copper, 370 pounds of lead, 4.8 million pounds of zinc and 7.8 million ounces of silver. Graphic Scale 0
100
200 Km
8. El Indio Project The origin of the mineral deposit is Magmatic, and the mineralization consists of Rare Earths Elements (REE) and platinoids. This mineralization is associated with the occurrence of carbonatitics dykes and trailing breccias. The outcrop on the north of the mining claim show an irregular shaped chimney, with 20‐25 m of diameter, rocks composed mottled appearance due to the presence of micro‐matrix amphibole blasts quartzfeldspar and calcite, which in turn is traversed by fine stuffed veinlets ferromagnesian. The veinlets also traverse a system filled with hematite laminations deformed. The arrangement often recalls a dalmatian fur. Associate, a compact ferruginous‐tuffaceous clastic rock look and brown with microfolds evidencing that the original laminations were subjected to ductile deformation was observed. In Mariana zone (a third party property) there is an outcrop of granite porphyry intruded by breccia carbonatite, over an area of 750 x 350 m. Peñoles Mining Co., made five drill holes with 305 meters depth that never passed through the carbonatite breccia. No precious or base metals data exist, nevertheless, but some zinc ore grades (0.02% to 1.1%) and ΣREE 0.16% have been reported, with lanthanum and cerium content of 0.08% and 0.07%. Part of the ferruginous material has been quarried out in the skarn zone.
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8. El Indio Project QUATERNARY Eolian
Qho eo Qho lm-ar
Siltstone-Sandstone
Qho gv-ar
Gravel-Sandstone
TERCIARY To BvR-R
Rhyolitic breccia-Rhyolite Rhyolite
To R To Ig-TR
Ignimbrite-Rhyolitic tuff
CRETACEOUS Kam Cz-Lu Kaim Cz
Limestone-Shale Limestone
INTRUSIVE IGNOUS ROCKS Rhyolitic porphyry
To PR
Graphic Scale 0
1.5
3 Kilometers
6
9. La Fluorita 01 / TecnicalSheet LOCATION
Acuña, Coahuila State, México.
PROPERTY
56,963 hectares.
INFRASTRUCTURE
Located directly 130 kilometers to the northeast of the city of Muzquiz, Coahuila State (66,800 habitants). Take the state HWY. No. 20 that goes through the towns of Muzquiz and Boquillas del Carmen, traveling 130 kilometers on paved road, until to “El Melón”, from there it takes the unpaved road northeast touring 92 kilometers. The nearest electrical substation is located 24 km in the Mining Unit Aguachile owned Múzquiz Mining Company, SA de C.V.
SURFACE RIGHT
This mining property is covering 3 common lands: “N. C. P. E. Venustiano Carranza” (109 members), “Dolores” (43 members) and “Melchor Múzquiz” (279 members).
DEPOSIT TYPE MINERALIZATION
Sedimentary and magmatic. Fluorite.
HOST ROCK
Limestone, shale, and rhyolitic porphyry.
ALTERATION
Oxidation and contact methasomathism.
ORE GRADE GEOLOGICAL POTENTIAL STATUS
56% CaF2. 12’487,500 CaF2 tons. Early stage.
GEOLOGICAL STUDIES
Geological mapping semi-detailed surface, shrapnel and channel sampling. Total investment $90,909.09 USD.
GEOLOGICAL SETTINGS
The fluorite is encased between George Town and Buddha formations, which have mainly been exploited.
SURROUNDING MINES
Mexichem Fluor is found 90 kilometers to the south, with Fluorite reserves of 5.0 million tons with an average of 55% CaF2 ore grade. The “Aguachile” Mine is located 50 kilometers to the west with a potential of 3 million tons with 70% contents with fluorite.
9. La Fluorita 01 Project Located in a straight line at 130 kilometers northwest of the Múzquiz city, Coahuila State. Toward by the State Highway 20 that connects the towns of “Boquillas del Carmen” and “Múzquiz”, traveling 130 kilometers by paved road until the area known as “El Melón”, hence take the northwest by a unpaved road traveling 92 kilometers. It is estimated a potential of 12.5 million tons distributed in 5 interest areas. Mexichem Fluor is located 90 kilometers south with 5.0 million tons of fluorite reserves, with an average ore grade of 55% CaF2. “Aguachile” Mine its located 50 kilometers west, with a 3.0 million tons potential with 70% fluorite ore grade. There are two plants currently in operation in the town Melchor Múzquiz, property of “Mexichen S.A. de C.V.”, with capacity of 15 thousand tons per month by the flotation method, producing 105,000 tons of concentrates and other is the “Múzquiz Minera, S.A. de C.V.”, capable of 5,000 tons per month with a production of 30 thousand tons concentrate per year.
EXPLICATION ASIGNMENT “FLUORITA 1”
NAME
SURFACE IN ha.
FLUORITA 1
56,963
Graphic Scale 0
7.5
15 Kilometers
MAPPING LOCALIZATION
30
9. La Fluorita 01 Project The geological setting is controlled by the paleoelement called “Burro‐Peyotes” peninsula, represented by Paleozoic age rocks (?) to recent and affected by a series of intrusive and extrusive volcanic events of Tertiary age. The stratigraphic column in ascending order from oldest to youngest corresponds to; Fm. Glen Rose, Fm. West Nueces, Fm. Edwards, Fm. Mcknight, Fm. Salmon Peak, Fm. Del Rio, Fm. Buddha Fm. Eagle Ford, and Fm. Austin. The igneous rocks outcrops are from: granite, syenite, porphyry rhyolite, rhyolitic‐tuff, andesite and andesitic‐tuff.
Fluorite is considered magmatic and sedimentary origin, hosted in the contact between the “George Town” and “Buddha” formations and in the lithology contact “Salmon Peak” formation, with rhyolite porphyry. Occurs as veins, strata, tabular bodies, lenticular and chimney both direction and depth, its dimensions ranging from 0.20 m to 15.0 m thick, longitudinally have known by mining works up to 800 m and depth can reach 130m works . Contents ranging ore grades go from 50% to 87% of CaF2. The fluorite concentrate is send to the Matamoros city, Tamaulipas State, to the plant “Química Flúor S. A.”, owned by the company Mexichen, S. A. de C. V. where hydrofluoric acid is produced.
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9. La Fluorita 01 Project Alluvium
Coluvial Rhyolitic porphyry LimestoneShale ShaleLimestone Limestone ShaleLimestone Limestone ShaleLimestone LimestoneShale Shale LimestoneShale GraniteSianite MINAS MINA INACTIVA
MINA ACTIVA
BANCO DE MATERIAL EN PRODUCCIÓN
ELEMENTOS ESTRUCTURALES ANTICLINAL
FALLA NORMAL
SINCLINAL
RUMBO Y ECHADO FALLA LATERAL
SINCLINAL INFERIDO
MUESTREO (P)7 PETROGRAFÍA
(E)8 ESQUIRLA
(X)10 RAYOS X
(D)12 ROCAS DIMESIONABLES (T)13 ROCA TOTAL (I)14 INCLUSIÓN
CARTAS GEOLOGICO MINERA DEL SGM MANUEL BENAVIDES ESCALA 1:250,000
Graphic Scale 0
2.5
5 Kilometers
10
10. La Fluorita 02 / TecnicalSheet LOCATION
Acuña, Coahuila State, México.
PROPERTY
31,671 hectares.
INFRASTRUCTURE
Located 130 km in straight line to the northeast of Muzquiz City, Coahuila State (66,800 habitants). Taking the state HWY 20, that goes through the towns of Múzquiz and Boquillas del Carmen, traveling 130 kilometers on pavement until meet “El Melón”. From there, take an unpaved road to the northeast traveling 92 kilometers until the project. The nearest electrical substation is located 24 km in the Mining Unit Aguachile owned Múzquiz Mining Company, SA de C.V.
SURFACE RIGHT
This mining property is covering 5 common lands: “N.C.P.E., Venustiano Carranza” (109 members), “Dolores” (43 members), “General Francisco Villa” (74 members), “José María Morelos “(97 members), and N.C.P.E. Escobedo (70 members).
DEPOSIT TYPE MINERALIZATION
Sedimentary and magmatic. Fluorite.
HOST ROCK
Limestone, shale, and rhyolitic porphyry.
ALTERATION
Oxidation and contact methasomathism.
ORE GRADE GEOLOGICAL POTENTIAL STATUS GEOLOGICAL STUDIES
56% CaF2. 5’460,000 tons CaF2. Early stage. Geological mapping semi-detailed surface and mine interior, shrapnel and channel sampling. Total investment $90,909.09 USD.
GEOLOGICAL SETTINGS
The Fluorite is hosted in the contacts between the “Salmon Peak” Limestones with the rhyolitic porphyry, being exploited principally.
SURROUNDING MINES
Mexichem Fluor is founding 70 kilometers to the south, with fluorite reserves of 5.0 million tons with an average 55% CaF2 ore grade. The “Aguachile” mine is located 30 kilometers to the west, with a potential of 3.0 million tons with 70% contents of fluorite.
10. La Fluorita 02
Project
Located in a straight line at 130 kilometers northwest of the Múzquiz city, Coahuila State. Toward by the State Highway 20 that connects the towns of Boquillas del Carmen and Múzquiz, traveling 130 kilometers by paved road until the area known as “El Melón”, hence take the northwest by a unpaved road traveling 92 kilometers. Mineralization consists mainly of fluorite, calcite associations, silica, hematite and limonite, traces of aragonite and clay materials. A potential 5.4 million tons is estimated with an ore grade of 56% CaF2. Mexichem Fluor is located 70 kilometers south of Fluorite reserves of 5.0 million tons at an average ore grade of 55% CaF2. “Aguachile” Mine located 30 kilometers west with a potential of 3.0 million tons with an ore grade 70% fluorite. There is the possibility of locating the continuity of the mineralized bodies of fluorspar mining prospects explored in “La Rosita” and “Juan Valencia”, and in the failure zone of “La Escondida” prospect.
EXPLICATION ASIGNMENT “FLUORITA 2”
NAME
SURFACE IN ha.
FLUORITA 2
31,671
Graphic Scale 0
5
10 Kilometers
MAPPING LOCATION
20
10. La Fluorita 02
Project
The geological context represents a sedimentary sequence consisting of Lower and Superior Cretaceous formations paleoelements features of the “Burro‐Peyotes Península”. These units are affected by intense igneous activity in the Oligocene has its maximum increase, with the formation of characteristic caldrons structures, stocks and ring dikes composition calc‐alkaline type, igneous rocks (rhyolite porphyry and rhyolite) are linked to the genesis of fluorite mineralization. The aerial coverage magnetometry performed by SGM, where 1:250,000 scale mapping clearly reflects the combination of high and low magnetic, indicating the presence of outcropping intrusive bodies and some anomalies that reflect the presence of hidden intrusive bodies. Fluorite mineralization is encased in the lithology contact between the “Salmon Peak” Limestone formation with rhyolite porphyry, which is mainly exploded. The fluorite occurs in veins, chimneys and irregular bodies smaller than the first two, even direction and depth, its dimensions ranging goes from 0.20 m to 15.0 m thick, longitudinally mining works are known by up to 300 m and depth through mining works reaching 100 m. It also often found as veinlet mineralization within rhyolite dike, however these are of reduced thickness and its continuity does not go beyond 2 m.
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10. La Fluorita 02
Project
SEDIMENTARY ROCKS FM. BOQUILLAS
FM. EDWARDS
FM. BUDA
FM. WEST NUECES AND GLEN ROSE
FM. DEL RIO
IGNEOUS ROCKS
FM. SALMON PEAK
RHYOLITIC PORPHYRY
FM. McKINGT
GRANITE-SIENITE
NORMAL FAULT FLUORITE
11. La India / TecnicalSheet LOCATION
Melchor Múzquiz and Ocampo, Coahuila State, México.
PROPERTY
19,938 hectares.
INFRASTRUCTURE
Located in a straight line 128 kilometers at Northeast of Múzquiz city, (66,800 habitants) and 219 kilometers to the Northeast in straight line to the Monclova city (216,200 habitants) both in Coahuila State. Through the Múzquiz city, toward the 20 Highway, traveling 156 kilometers on paved highway, going to the southeast by unpaved road which leads to “El Pilote” traveling 9 kilometers to the project. The line closest power to the area are on State Highway No. 20, distant 20 km.
SURFACE RIGHT
This mining property is covering 3 common lands: “N.C.P.A. El Milagro” (73 members), “N.C.P.A. El Milagro” (73 members), “Los Lirios”, (88 members).
DEPOSIT TYPE MINERALIZATION HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS GEOLOGICAL STUDIES GEOLOGICAL SETTINGS
SURROUNDING MINES
Sedimentary and magmatic. Fluorite. Limestone, shale, and rhyolitic porphyry. Oxidation and skarnification. 56% CaF2. 15 million tons, with an ore grading from 56 % CaF2. Early stage. Geological mapping semi-detailed surface and mine interior, shrapnel and channel sampling. Total investment $18,388.09 USD. Sedimentary fluorite encased in George Town and Buddha formations contact is which has mainly been exploited. Mexichem Fluor is located 50 kilometers to the Northeast, with Fluorite reserves of 5 million tonsand average grade of 55% of CaF2, the “Aguachile” Mine is located 50 kilometers to the west, with a potential of 3.0 million tons with 70% fluorite.
11. La India Project It is located 128 kilometers, northwest of Muzquiz city, Coahuila State and 219 kilometers, in straight line to the west of Monclova city. Starting in Muzquiz city, you must travel 156 kilometers on State Highway Nu. 20, since here take a deviation to the southeast, conducting to the ranch “El Pilote”, by an unpaved road by 9 kilometers. Given the geological characteristics of the project, the detected current fluorite ore grades, the “La India” project represents a relevant interest.
EXPLICATION
Mexichem Fluor is located 50 kilometers northwest of Fluorite reserves of 5.0 million tons and an average ore grade of 55% CaF2, Mine “Aguachile” is located 50 kilometers west with a potential of 3.0 million tons with an ore grade of 70 % fluorite contents.
CAPITAL OF THE STATE CITY LIMIT OF THE STATE
INTERNACIONAL AIRPORT HIGHWAY ROAD FERROCARRIL LOCATIONS OF THE LOT
Graphic Scale 0
100
200 Km
11. La India Project
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EXPLICATION
ToTA ToPR-R
QUATERNARY
Qhoco
Qhoal
Qhoco
KaCz-Do
ToPR-R KcetLu-Cz
KaCz
Qhoal
Alluvium
Qhoco
Colluvial
TERCIARY
ToPR-R
TplCgp ToR
ToR
Qhoco
Conglomerate Polimictic Rhyolite
ToR
KceCz
ToTA
Sk
Andesitic tuff
CRETACEOUS
KaCz KceCz Qhoco ToR
KcossCz-Lu
Limestone-Shale
KcetLu-Cz
Shale-Limestone
KceCz
Limestone
KaCz
Limestone
Sedimentary fluorite that until now has been largely exploited, mainly by its thickness, is located in the contact with the limestone from the “George Town” formation, and the “Del Río Buda” Formation shales and limestone, however, it has been established that there are at least 4 mineralized levels, which corresponds to the “George Town” Formation, under this stratigraphic contact though these are of thickness not greater than 0.70m. Fluorite magmatic origin is in contact between limestone “George Town” and the igneous rock with rhyolite porphyry composition.
ToD ToPR-R
Qhoal
KceCz
KaCz-Do KcetLu-Cz
INTRUSIVE IGNOUS ROCK KaCz
ToD Qhoco
KaCz
Qhoal TplCgp
KaCz-Do
Limestone-Dolomite
KcossCz-Lu
ToPR-R
Rhyolitic porphyry Rhyolite
ToD
ToD
Dacite
METAMORPHISM OF CONTACT Skarn Sk
The economic mineralization is represented by a Fluorite Ore and gangue consists of: quartz, calcite, iron oxides and clay minerals. The geological potential is estimated in 15 million tons, with an ore grading from 56% CaF2. Graphic Scale
0
2.5 Kilometers
5
12. Jáltipan 1/ TecnicalSheet LOCATION
Oluta, Texistepec, Soconusco, Jáltipan de Morelos and Chinameca Municipalities, Veracruz State, México.
PROPERTY
23,359 hectares.
INFRASTRUCTURE
Located 20 km in a straight line from the city of Minatitlan, Ver (157.840 inhab.), and 34 km S65°W direction of the port of Coatzacoalcos, Veracruz, (235.983 inhab.). It has excellent land, air and sea communications. Through highway, railway transitsmico, Minatitlan Airport and the Port of Coatzacoalcos. To supply inputs are Acayucan populations, Jáltipan, Texistepec, Minatitlan and Coatzacoalcos.
SURFACE RIGHT
The mining property is settled on 5 ejidos: El Limón (124 members) Cuajilote Grande y Anexos (127 members), Los Guajes Ayala (1,196 members), El Durazno (311 members), El Carrizal (278 members).
DEPOSIT TYPE MINERALIZATION HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS
Marine sedimentary. Sulfur. Porous limestone and anhydrite. Not observed Crystalline and amorphous quality sulfur. 16’358,991 ton. indicated resource. Early stage.
GEOLOGICAL STUDIES
Geological-mining semi-detailed exploration supported by diamond drilling. Domes explored: “Ojapa”, “Texistepec-Hornillas” and “Petapa”.
GEOLOGICAL SETTINGS
Sulfur is found in domes structures under the "cap rock" of barren limestone. A wide distribution within the salt basin called the isthmus.
SURROUNDING MINES
Abutting the company batch MEXICHEM, SA de CV is who operates a neighboring sulfur dome Jáltipan 1.
12. Jáltipan 1 99 º
97 º
98 º
96 º
95 º
94 º
288 Km to Veracruz seaport.
Excellent communication pathways land.
To 10 km. Minatitlán.
To 276 km. Salina Crúz Seaport, Oaxaca.
Airport at 50 Km in Coatzacoalcos, Ver.
Railway Transístmico moving large volumes between the Gulf of Mexico and the Pacific Ocean.
Port of Coatzacoalcos, Veracruz to 30 km, annual move charges of around 3 million ton.
It has an area of 23,359 has.
Tropical and humid climate.
Enough water in the rivers and Coachapa and Chiquito.
EDO. DE TAMPS. TAMPS. STATE Tampico A S. L. P. P á nuco
99 º
22 º
MEX
105
22 º
Tempoal
A Tamazunchale
Naranjos
Tantoyuca
MEX
A Pachuca
180
Tuxpan
A Pachuca
21 º
Á lamo
21 º
MEX
MEX
Poza Rica
130
180
A Huauchinango
20 º
Nautla
20 º
Tlapacoyan
A Tlatlauquitepec
MEX
180
Perote
XALAPA
MEX
A Puebla
140
Veracruz
Huatusco
ÓN ASIGNACI MINING ASSIGNMENT JALTIPAN 1
MEX
19 º
126
MEX
150
A Puebla
19 º
C órdoba La Tinaja
98 º
MEX
Orizaba
180
MEX
A Tehuacan
145 D
Tierra Blanca
MEX
San Andr és Tuxtla
Ciudad Alem á n
18 º
A Villahermosa
179
A Tuxtepec
MEX
Coatzacoalcos
180
Isla
18 º
Acayucan
18 º
MEX
145
Sayula
97 º
Minatitl á n
96 º
Graphic Scale 17 º
0
50
100
150
A Juchitan
200
17 º
Kilometers
99 º
98 º
97 º
96 º
95 º
94 º
12. Jáltipan 1 290000
295000
300000
305000
310000
315000
320000
1995000 1990000 1985000 1980000 1975000 1970000
1990000 1980000 1975000 1970000
1985000
1995000
GEOLOGICAL FRAMEWORK Package shale interbedded with sandstone, sand and calcarenite lenses. Porous with thicknesses up to 16 meters, where the sulfur is placed in virgin crystals and amorphous filling cavities, veinlets and disseminated Limestone. Anhydrite mass. The top of the limestone cap is between 50 m to 246 m. These deposits are classified as marine sediment.
1965000
1965000
Graphic Scale
290000
295000
300000
305000
310000
315000
320000
0
5
Kilometers
10
15
12. Jáltipan 1 The mineral composition of the cap in salt domes is variable, but most of the production cap rocks exhibit three general mineralogical areas: 1) An upper zone of sterile limestone. 2)An average transitional area of p orous limestone with sulfur. 3) A lower anhydrite zone. Although these areas are not strictly in that order corresponds to a typical stratigraphic sequence and can graduate to one another. The thicknesses of the sulfur in the cap vary from a few millimeters to more than 200 m. similarly, the depth to which sulfur has been found from near the surface to more than 700 meters. The average depth at which sulfur has been exploited is 297 m. The limestone cap is cut from 50 to 246 meters below the surface. The Jáltipan dome is considered the largest and most valuable sulfur deposit discovered in Mexico. Escala Gráfica 0
5
Kilómetros
10
15
Salt Domes associated with sulfur deposits
12. Jáltipan 1
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• Current domestic demand is about 70,000 tons per month, for companies producing fertilizers, however, the trend is the increase to more than 50% of the demand for fertilizer production in the country. The sulfur is mostly used in the manufacture of insecticides, fertilizers, chemicals, among others. • In 2007 the national and international demand for sulfur increased substantially, causing shortage that hit international prices range from $500 a ton, which led to the importance of reactive sulfur in salt domes of Isthmus. •The sulfur requirement in our country has increased, regardless of the value per ton reached for the high purity sulfur. Notably sulfur Istmo Basin is high quality and purity. • Through calculating reserves was performed calculating based on the drilling development using the Isopach method:
•Ojapa Zone •Texistepec-Hornillas Zone •Petapa Zone
1’546,562 13’337,829 1’474,600 TOTAL= 16’358,991 tons of sulfur
13. Jáltipan 2/ TecnicalSheet LOCATION
Soconusco, Jáltipan de Morelos y Chinameca Municipalities, Veracruz State, México.
PROPERTY
4,006 hectares.
INFRASTRUCTURE
Located 20 km in a straight line from the city of Minatitlan, Ver (157.840 inhab.), and 34 km S65°W direction of the port of Coatzacoalcos, Veracruz, (235.983 inhab.). It has excellent land, air and sea communications. Through highway, railway transitsmico, Minatitlan Airport and the Port of Coatzacoalcos. To supply inputs are Acayucan populations, Jáltipan, Texistepec, Minatitlan and Coatzacoalcos.
SURFACE RIGHT
The mining property is settled on 2 ejidos: El Limón (124 members), Cuajilote Grande and Annexes (127 members).
DEPOSIT TYPE MINERALIZATION HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS GEOLOGICAL STUDIES
Marine sedimentary. Sulfur. Porous limestone and anhydrite. Not observed. Crystalline and amorphous quality sulfur. 10’286,823 tons indicated resource. Early stage. Explored “Jaltipan” dome.
GEOLOGICAL SETTINGS
Sulfur is found in domes structures under the "cap rock" of barren limestone. A wide distribution within the salt basin called the isthmus.
SURROUNDING MINES
Abutting the company batch MEXICHEM, SA de CV who operates a neighboring sulfur dome Jáltipan 1 and Jáltipan 2.
13. Jáltipan 2 99 º
97 º
98 º
96 º
95 º
94 º
288 Km to Veracruz seaport.
Excellent communication pathways land.
To 10 km. Minatitlán.
To 276 km. Salina Crúz Seaport, Oaxaca.
Airport at 50 Km in Coatzacoalcos, Ver.
Railway Transístmico moving large volumes between the Gulf of Mexico and the Pacific Ocean.
Port of Coatzacoalcos, Veracruz to 30 km, annual move charges of around 3 million tones.
It has an area of 4,006 has.
Tropical and humid climate.
Enough water in the rivers and Coachapa and Chiquito.
EDO. DE TAMPS. TAMPS. STATE Tampico A S. L. P. P á nuco
99 º
22 º
MEX
105
22 º
Tempoal
A Tamazunchale
Naranjos
Tantoyuca
MEX
A Pachuca
180
Tuxpan
A Pachuca
21 º
Á lamo
21 º
MEX
MEX
Poza Rica
130
180
A Huauchinango
20 º
Nautla
20 º
Tlapacoyan
A Tlatlauquitepec
MEX
180
Perote
XALAPA
MEX
A Puebla
140
Veracruz
Huatusco
ÓN ASIGNACI MINING ASSIGNMENT JALTIPAN 2
MEX
19 º
126
MEX
150
A Puebla
19 º
C órdoba La Tinaja
98 º
MEX
Orizaba
180
MEX
A Tehuacan
145 D
Tierra Blanca
MEX
San Andr és Tuxtla
Ciudad Alem á n
18 º
A Villahermosa
179
A Tuxtepec
MEX
Coatzacoalcos
180
Isla
18 º
Acayucan
18 º
MEX
145
Sayula
97 º
Minatitl á n
96 º
Graphic Scale 17 º
0
50
100
150
A Juchitan
200
17 º
Kilometers
99 º
98 º
97 º
96 º
95 º
94 º
13. Jáltipan 2 290000
295000
300000
305000
310000
315000
320000
1995000 1990000 1985000 1980000
1995000 1985000 1980000
1990000
GEOLOGICAL FRAMEWORK Package shale interbedded with sandstone, sand and calcarenite lenses. Porous limestone with thicknesses up to 16 meters, where the sulfur is placed in virgin crystals and amorphous filling cavities, veinlets and disseminated.
1970000
1970000
1975000
1975000
Anhydrite mass. The top of the limestone cap is between 50 m to 246 m.
1965000
1965000
Graphic Scale
290000
295000
300000
305000
310000
315000
320000
0
5
Kilometers
10
15
13. Jáltipan 2 It has an elongated shape oriented northeast‐southwest and its longitudinal axis can be traced up to 12 km and 7 km wide. The tank site is strategically located and has excellent communications by browsing Coachapa‐Coatzacoalcos River, or by sea, since the ports of Salina Cruz, Oaxaca and Coatzacoalcos, Veracruz, are united by the Ferrocarril del Istmo. The nearest airport is Minatitlan, Veracruz.
Salt Domes associated with sulfur deposits.
Graphic Scale 0
5
Kilometers
10
15
13. Jáltipan 2
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• Current domestic demand is about 70,000 tons per month, for companies producing fertilizers, however, the trend is the increase to more than 50% of the demand for fertilizer production in the country. The sulfur is mostly used in the manufacture of insecticides, fertilizers, chemicals, among others. • From 1999 to 2003, obtaining sulfur miners means including the Frasch process, decreased significantly, while that obtained by desulfurization has increased. • The sulfur requirement in our country has increased, regardless of the value per tone reached. Notably sulfur Istmo Basin is high quality and purity. • The main uses are in agriculture to produce phosphoric acid, as well as for the preparation of soaps, detergents, water treatment, plastic and synthetic products, paper industry, paints, mining and processing of metals, explosives, petroleum refining, in production of iron and steel, battery acid, among others.
•Indicated resources with drilling are: •10’286,823 tons.
14. Reducción Rancho Viejo/ TecnicalSheet LOCATION
Municipality of Tepalcatepec, Michoacán State, Mexico.
PROPERTY
9,032 hectares.
INFRASTRUCTURE
It is located 5 km northeast of the town of Tepalcatepec in Michoacan, where all services and increased to 20,000 inhabitants. It lies 280 km from the city of Morelia, capital of Michoacan state. There are two paved roads, dirt roads and vehicular gaps spanning the mining assignment. The electrical line runs virtually within the assignmet.
SURFACE RIGHT
The mining property is settled on 7 ejidos: Corongoros (117 members), Las Norias and Annexes, Las Galeras and Annexes, San José-Lázaro Cárdenas, Catarino Torres (749 members), Punta del Agua and Felipe Carrillo Puerto.
DEPOSIT TYPE MINERALIZATION HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS GEOLOGICAL STUDIES GEOLOGICAL SETTINGS
SURROUNDING MINES
Hydrothermal, copper-molibdene porphyry Gold, silver, lead, zinc, copper. Metamorphic, vulcanosedimentaria, andesitic dikes and intrusive rock. Argillic, propylitic, phyllic, silicification and potassic (?) 0.52 g/t Au 178,416 oz/Au. Early stage. Geophysics, Geological Mapping, surface sampling in grid of 50 x 50 meters. Mineralization controlled by Vulcan-sedimentary sequences deformed Jurassic-Cretaceous age. The project is located 18 km northeast of the Property Tepal (8.6 million ounces of gold equivalent (Geologix Explorations Inc.). Plants benefit are closest to 137 Km in the town of Huacana, owned by Cia. Minera "The Encinos" SA de C.V. and Cia. Minera "The Huacana" SA of CV, the first active minerals benefits Au, Ag, Cu with a capacity of 250 t/day. The second construction, mineral benefit of Au, Ag, Pb, Cu with a capacity of 60 t/day.
14. Reducción Rancho Viejo
It is located between the states of Jalisco and Michoacan.
A 5 km northeast of the town of Tepalcatepec, which has good infrastructure and increased to 20,000 inhabitants.
It lies 280 km from the city of Morelia, capital of Michoacan state.
Two paved roads traverse the mining assingment, and there are dirt roads that traverse gaps and vehicle allocation.
A 18 km NE of the project Tepal Geologix Explorations Inc.
Guadalajara
Jalisco RANCHO VIEJO
Morelia
Uruapan
Michoacán Colima
Colima El Tepal
Apatzingán Tepalcatepec
Graphic Scale 0
50 100 Kilometers
Lázaro Cárdenas
14. Reducción Rancho Viejo
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Mineralized area Mining Assignment Rancho Viejo
Los Zopilotes Area
Samples Collected (2008‐2009) Samples Collected (2010)
The metasedimentary sequences and volcanosedimentary are intruded by a granitic stock and diabase and andesitic dikes. Mineralization is boxed and controlled in the volcansedimentary sequence. The mineral assemblages are present Au-Cu and Pb-Zn; suggesting be related to a porphyry Cu-Au deposit with distal epithermal veins. Andesitic dikes with Cu veins and Pb-Zn dams with staying in the intrusive Jilotlán and veins and disseminations in Varales Formation are observed. The hypogene minerals are: free gold, chalcopyrite, covellite, chalcocite, galena and sphalerite in quartz and calcite gangue. Argillic, propylitic and phyllic alterations developed especially in the Tepalcatepec Formation are presented.
La Laguna Area
The geological, geochemical, geophysical and alterations studies, allow to configure three possible mineralized areas: La Laguna, The Vultures and Camichín.
Camichín Area
In La Laguna area were obtained samples up to 29 g/t Au in quartz microveitlets sulphide stockwork type, hosted in andesite and average content of 0.8 g/t Au.
Piroclastic Flows Volcanosedimentary (Fm. Tepalcatepec) Volcanosedimentary (Fm. Alberca) Granitic Intrusive (Jilotlán) Metasedimentary (Fm. Varales)
In the Zopilotes area samples up to 12.7 g/t Au were obtained, silica glasses encased in shale and average content of 0.6 g/t Au.
Graphic Scale 0
1
2
Kilometers
3
In the Camichín area samples up to 16.6 g/t Au were obtained, in quartz microveitlets hosted in schist and has in average 0.2g/t Au.
15. Chupaderos/ TecnicalSheet LOCATION
Municipality of Sabinas Hidalgo, Nuevo León State, Mexico.
PROPERTY
16,031 hectares.
INFRASTRUCTURE
It is located 100 km north of the City of Monterrey (4'150, 000 inhabitants), 120 km S70°E from the city of Monclova (317.314 inhab.) and 20 km in a straight line to the north of the Sabinas Hidalgo population (32,040 inhab.). The nearest power line high voltage is 27 km and 3 km south of the low voltage.
SURFACE RIGHT
The mining property is settled on 2 ejidos: Las Enramadas (72 members) y San Pedro de la Piedra (39 members).
DEPOSIT TYPE MINERALIZATION HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS GEOLOGICAL STUDIES
Missisipi Valley Gold, silver, lead, zinc, copper. Austin Formation, consisting of limestones and shales of the Upper Cretaceous and limestone of the Lower Cretaceous. Coverage is a Holocene colluvium and alluvial deposits. No Observed 155 g/t Ag, 2.5% Pb and 2.5% Zn Based on the geological environment and the manifestations of mineral mining claims adjacent Providence and Pal (The Iguana) owned by Rio Alto Mining Limited, the resource estimate is considered 1% of resources expected by the mining company that is 10 '000, 000 tons. So for allocation were considered Chupaderos 1'000, 000 tons. Early stage. Regional Geology (920 km2), semi-detailed geology (500 hectares), Geophysics (4 km linear).
GEOLOGICAL SETTINGS
Considering the probable existence of stratabound mineralization in the "Cupid" and "Aurora" Lower Cretaceous formations which are as important guides exploration and the possibility of containing a hidden reservoir of economic performance is perceived as a significant element in the area.
SURROUNDING MINES
In the municipality of Ocampo at 300 km, is located beneficiation plant flotation Co. First Majestic Silver Corp., with capacity of 1,000 t/day, lead and silver benefits. In the town of Monclova, SE and 126 km, the smelter is located in Iron Co. Altos Hornos de Mexico, with capacity of 8,000 t/day.
15. Chupaderos 101°
28°
100°
98° 28°
99°
CHUPADEROS
The Chupaderos prospect is located in the town of Sabinas Hidalgo, north of the state of Nuevo León. It comprises an area
27°
27°
COAHUILA
LAMPAZOS
of 16,031 ha. Located 120 Km straight SE of Monclova, Coahuila., and 25 km straight
VILLALDAMA
HYLSA
north of the county seat of Sabinas Hidalgo,
26°
IMMSA
ZINC NACIONAL S.A.
26°
NL. MONTERREY
25°
25°
LINARES
24°
24°
Graphic Scale 0
50
Kilometers
100
23° 101°
100°
99°
98°
15. Chupaderos 380000
385000
390000 KcLu Lm
KcLu Lm
Kcoss Cz-Lu
Qhoal
Kacet Lu-Cz
Qhoco
2960000
2960000
Qhoal
Qhoco
Qhoal Qhoco
North to 15 km, is the Pal mine (The Iguana) silver‐lead‐ zinc, owned by Rio Alto Mining Limited, a consistent body replacement and skarn along the contact zone of granodiorite affecting a Cretaceous limestone.
Qhoco
Kcoss Cz-Lu
Qhoal
2955000
2955000
Qhoal
Kacet Lu-Cz
2950000
2950000
Qhoco
380000
385000
390000
EXPLICATION Qhoal
Alluvium
KcLu Lm
Alluvium
Qhoco Colluvium Kcoss Cz-Lu Limestone-Shale Kacet Lu-Cz Shale-Limestone
Graphic Scale 0
Minign Assignment Chupaderos
1
2
Kilometers
3
Located in the alkaline belt Monclova‐Candela, oriented E‐W, which is the extension of a group of similar rocks described in the Trans‐Pecos Texas province. The Panuco mine known, consist in porphyry Cu‐Mo‐Au related to pegmatite circular gap that is 80 m in diameter and is encased in alkaline diorite intrusion an example closely related to the ore bodies.
The assignmet area is covered by Quaternary colluvium and alluvium, recognizing the NE area of f ences Rancho Arroyo de los Sauces few small outcrops of shales and siltstones of the Upson (Kc Lu‐Lm) Formation outcrops and the Eastern formal limestone ‐ shale of Austin (Kcoss Cz‐Lu) Formation and shale‐limestone of the Eagle Ford (Kcet lu‐Cz) Formation. The latter two formations are part of the anticline Vallecillo.
15. Chupaderos
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Aerial magnetic exploration was carried out in 2000‐2003 showed two intense abnormalities, Candela and Chupaderos, the latter located in the eastern valley of the Sierra de Lampazos in an anticline that is open in the Jurassic sediments. Subsequent work by magnetometry‐radiometry high resolution confirmed both anomalies, presumably in response to a deep intrusive mass that has high magnetic susceptibility. Chupaderos anomaly was the only legally protected. Based on the geological environment and the manifestations of mineral mining claims adjacent Providence and Pal (La Iguana) ownership of Mexican Silver Mines Ltd., for the resource estimate is considered 1% of resources expected by the mining company that is 10'000, 000 ton, resulting in several campaigns diamond drilling, surface and interior geology and mine sampling. Considering the latest two mine as a reference, the prospectus is deemed Chupaderos 1'000, 000 ton, grading 155 g / t Ag, 2.5% Pb and 2.5% Zn. 320000
360000
340000
380000
2980000
2980000
LA IGUANA SAN SALVADOR CANDELA 380000
390000
380000
3 390 000
2940000
2940000
Graphic Scale 0
10
Kilometers 320000
2960000
2960000
CHUPADEROS
20
BUSTAMANTE 340000
VILLALDAMA 360000
SABINAS HIDALGO 380000
16. Los Borregos/ TecnicalSheet LOCATION
Municipality of Ascensión, Chihuahua State, Mexico.
PROPERTY
4,100 hectares.
INFRASTRUCTURE
It is located 279 km, with the N28°W direction in a straight line from the city of Chihuahua (348.987 inhabitants), 114 km S56°W of Ciudad Juárez (1'321,004 inhabitants). Locally the S84°E and 62.4 km. village Ascension. The nearest power line high voltage is 80 km east, and low voltage is located 12 kilometers southwest, in Niños Héroes de Chapultepec.
SURFACE RIGHT
The mining property is settled on 2 ejidos: Nueva Victoria (25 members) and Niños Héroes de Chapultepec (80 members).
DEPOSIT TYPE MINERALIZATION HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS
Hydrothermal (streaks), zones of stockwork and disseminated. Mn, Ag, Cu, Fe, Ba and Mo Diorite, dacite porphyry, rhyolite tuffs, andesitic breccias. Silicification and oxidation. 29.5 % Mn. 815,000 tons of Manganese. Early stage
GEOLOGICAL STUDIES
Semi-detailed geological 4,200 Ha, 120 units channel sampling, 160 units Geochemical Sampling, Geochemistry semi-detailed 900 Ha, Chemical Analysis done 5,600 samples, 54 Petrographic studies, 4 Mineragraphic studies.
GEOLOGICAL SETTINGS
The iron-manganese mineralization is located within a zone of supergene enrichment and where may be present at depth copper sulfides of silver, lead, zinc, and associated tabular structures or dacite porphyry and/or rhyolitic intrusive or self rhyolite.
SURROUNDING MINES
The project is located 34 km SE of the Bismark mine with leach processing plant with capacity of 2,500 t/day and benefits lead and zinc.
16. Los Borregos
CD. JUAREZ
LOS BORREGOS
It is located in Ascension, in the northwestern portion of the state of Chihuahua.
A 294 Km northwest of the city of Chihuahua.
200 Km of Juarez border U.S.A.
30 km unpaved to the Project.
It has an area of 4,100 hectares.
Extreme dry climate with summer rains.
BISMARK Ascensión Porvenir Janos Loma de Arena
N. C. GRANDES
Sueco
F. Magón
OJINAGA
Coyame MADERA
Namiquipa Falomir M. Benavides A. Obregón
CHIHUAHUA
La Junta
Yepachi
Julimes
CUAUHTEMOC DELICIAS Carichi
La Perla
Naica
Creel
CAMARGO Nonoava JIMENEZ
Balleza Guachochi
PARRAL
Gpe. y Calvo
Graphic Scale 0
50
Kilometers
100
16. Los Borregos
Return to general plane QUATERNARY HOLOCENE Q h o g v-ar
Gravel-Sand
TERCIARY OLIGOCENE To Rd
Riodacite
To
Rhyolitic Tuff
RT
T o RB
Rhyolitic Breccias
To Rd T
Riodacitic Tuff
To AT-RT
Andesítica TuffRhyolitic Tuff
T o AB To A
Andesitic Breccia Andesite
EOCENE - OLIGOCENE To To
RP
Rhyolite Porphyry
D aP
Dacític Porphyry
T eD Graphic Scale 0
2
Kilometers
4
Diorite
In this area, outcrops of andesite and tuff; rhyolitic tuff, dacite subvolcanic and Oligocene‐Miocene diorite forming a volcanic field in which extensive parallel en echelon fault system oriented NS and NW probably Miocene or younger‐ encased 77 mineralized veins Mn‐Ag, Ba and Fe. Having conducted a sampling campaign eight prospects were documented: La Consolidad, La Verdun, La Corriente, San Jose, El Pino, La Pilita, Las Mulas and El Dos‐La Tercera. The area is 7 km long and 5.5 km wide and forms a regular rectangle, sufficient to protect both vein systems oriented NS and EW. Mineralization occurs as cryptomelane‐manganese, psilomelane, hollandite, pyrolusite‐associated with hematite, argentiferous galena, malachite and barite oxides. Manganese and iron oxides are primarily exposed in the zone of supergene enrichment, and may expect some sulphides of silver, lead, zinc and copper can begin to appear deep. The district has been productive since World War I and II, with an average grade of 30% Mn; by 1959 and in the 70s, production declined and became intermittent, with average grades of 22% Mn. Old dumps reported from 4 to 37% Mn and from 8 to 109 g/t Ag, traces of molybdenum and up to 11% of Ba.
17. Red. Hidalgo Fracc. 29/ TecnicalSheet LOCATION
Municipality of Castaños, Coahuila, Mexico.
PROPERTY
1,379 hectares.
INFRASTRUCTURE SURFACE RIGHT DEPOSIT TYPE
It is located 58 km directly south of the city of Monclova. It has all the basic infrastructure for the mining operation. 9 km paved and dirt road from km 58 of Monclova-Saltillo, the study area is accessible all year The mining property is settled on the ejido Dolores (141 members). Missisipi Valley
MINERALIZATION
Pb-Zn oxides in the presence of cerussite, anglesite, hemimorphite and galena and sphalerite there sporadically with low silver grades. The associated minerals are barite, calcite and quartz.
HOST ROCK
The mineralization is hosted in the upper horizon of La Mula Formation (Khb-Lu), consisting of dolomitized limestone, limestone, sandstone and limonitic clay horizons. Likewise, the base encase the Cupid (Khap-Cz) Formation comprises dolomitized limestone and interstratified clay horizons.
ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS
silicification, oxidation supergene and dolomitization. 140 g/t Ag, 5 % Zn, 7 % Pb y 0.05 % Cu 80,000 Tons of inferred resources Early stage.
GEOLOGICAL STUDIES
The work done in the project had a regional-semi-detailed range (1,379 hectares), developing and interior surface mine (190 m) mapping, orientation chips sampling and channel mineralized structures (38 samples), chemical analysis and interpretation.
GEOLOGICAL SETTINGS
Sheets, lenticular veins and cloves, encased in dolomitized limestones, associated with fracturing, karst cavities and transform faults of small displacement.
SURROUNDING MINES
In the municipality of Candela, the project NE and 94 km in a straight line, the leaching beneficiation plant is located, with a capacity of 400 t/day, owned by Grupo Minero Panuco, SA de CV and in the town of Cuatrocienegas to NW and 57 Km straight La Luz project is located, with mining exploration work will have reserves of 13,000 tons grading 2.54% Pb, 10.63% Zn and 105 g/t Ag.
17. Red. Hidalgo Fracc. 29 104°
102°
It is located in the eastern center of the state of Coahuila, in the town of Castaños. A 58 km directly south of the city of Monclova.
It is well connected by paths first and second order in the city of Monclova, it has all the basic infrastructure for the mining operation.
9 km paved and dirt road from km 58 of Monclova-Saltillo to accessible allweather study area.
In the municipality of Candela, the NE and 94 km in a straight line, the leaching beneficiation plant is located, with a capacity of 400 t/day, owned by Grupo Minero Panuco, SA de CV, and is also found in copper exploration La Promesa Dos project, located in the NE and 72 km. In the town of Cuatrocienegas to NW and 57 Km straight La Luz project is located, with mining exploration work will have reserves of 13,000 tons grading 2.54% Pb, 10.63% Zn and 105 g /t Ag
100° E.U.A.
CD. ACUÑA
29°
PIEDRAS NEGRAS
LA ENCANTADA (Ag,Pb)
HÉRCULES
28°
HÉRCULES (Fe) SIERRA MOJADA
SABINAS M. MÚZQUIZ OCAMPO CUATROCIÉNEGAS
27°
AHMSA (Fe) MONCLOVA PANUCO
LA LUZ
LA PROMESA 2
26°
HIDALGO FRACCIÓN 29
PEÑOLES (Pb, Zn) PARRAS
TORREÓN VIESCA
SALTILLO
LA MINITA Graphic Scale
25° 0
50
Kilometers
100
17. Red. Hidalgo Fracc. 29
Return to general plane There are mainly tabular structures and grain mantles and irregular lenses (bolsadas). The mantles observed thicknesses of 0.20 to 0.60m, the veins have thicknesses of 0.30 to 0.80m; both with discontinuous longitudinal and erratic development. The mineralization is hosted in the upper horizon of La Mula Formation (Khb-Lu), consisting of dolomitized limestone, limestone, sandstone and limonitic clay horizons. Likewise, the base encase the Cupido Formation (Khap-Cz) dolomitized comprises limestone and interstratified clay horizons. Work in the assignment had a Regional semi-detailed scope, developing and interior mine surface mapping, sampling and channel orientation chips mineralized structures, chemical analysis and interpretation. The alterations observed are silicification, dolomitization supergene and oxidation in the hosted rocks, especially limestone in formations La Mula and Cupido.
EXPLICATION Qhoal
Alluvium
Qhoco
Colluvium
Kcet Lu-Cz
Fm. Eagle Ford
Kace Cz-Lu
Grupo Washita
Ka Lu-Cz
Fm. Kiamichi
Ka Cz-Do
Fm. Aurora
Kap Cz-Lu
Fm. La Peña
Kcoss Lu-Ar
Fm. Las Parras
MEXICAN GEOLOGY SURVEY
Khap Cz
Fm. CupidoF
Khb Lu-Cz
Fm. La Mula
Khb Ar-Lu
Fm. Patula
Kvh Lu-Cz
Fm. Barril Viejo
Mining Assignment
Regional Geological Map Mining Assignmet Hidalgo Fracción 29 0
0.5
1
2
3
Kilometers 1:100,000 NAD 27 Zona 14 Subdirección de Recursos Minerales
Durango, Durango
In the mineralized area Dolores evidence boiling caused by hydrothermal fluids is observed, although it has not shown the influence of a magmatic body within the study area.
Diciember 2012
Mineralization of interest consists of Pb-Zn oxides in the presence of cerussite, anglesite, hemimorphite and galena and sphalerite sporadically with low silver grades. The associated minerals are barite, calcite and quartz
18. Picacho/ TecnicalSheet LOCATION
Municipality of Villa de Casas, Tamaulipas State, Mexico.
PROPERTY
4,433 hectares.
INFRASTRUCTURE SURFACE RIGHT
It is located S59°E to 70 km in a straight line from the city Victoria. It has basic infrastructure of finding well connected with the main centers of distribution and marketing paths. Private Property
DEPOSIT TYPE
Associated magmatic similar to carbonatite rocks in the Oka district in Canada (Eng Akira Hirayama 1984).
MINERALIZATION
Is represented by lanthanides, mainly mineral containing Ce and Y, and possibly mineral monazite Xenotime, fergusonita, Branerita or euxenite.
HOST ROCK ALTERATION ORE GRADE GEOLOGICAL POTENTIAL STATUS
GEOLOGICAL STUDIES
GEOLOGICAL SETTINGS SURROUNDING MINES
Nepheline syenites and carbonatites The central area of the complex is Fenitizada generally uralitization observed in outcrops of gabbro from the middle, occasionally some peripheral areas with skarn. Content averages 4824 ppm lanthanide and 1.3% of rare earth oxides (REO) 3,500 tons. Early stage. Geophysics flight was made covering an area of 252 km2 of by 71 lines with 250 m separation of five lines of control, with a total of 1,294 km line. Works consists in sampling anomalies and geological in semidetailed survey, radiometric survey at every 25 m in the heart of the anomaly Th approximately 2,200 linear meters covering an area of approximately 40 hectares, works in a semi-detailed mapping and systematic sampling of mineralized structures in trenches of previous work, sampling fenitized rock outcrops and associated dikes. Micritic limestones with chert nodules of the Tamaulipas Upper Formation. There is currently no mining infrastructure and does not have the benefit of this mineral in the region
18. Picacho NUEVO LAREDO
Located in the east central portion of the state of Tamaulipas. At S59°E and 70 km in a straight line from the city Victoria.
Access from the city, is performed by the federal road No. 70 Victoria-Soto La Marina, at km 42 is the deviation road to Las Lajillas and project where driving 19 km pavement and 46.2 of dirt road.
It has basic infrastructure of finding well connected with the main centers of distribution and marketing paths.
The elements of interest in this project are known as rare earth lanthanides (REE), these are: Lanthanum, Cerium, Praseodymium, Neodymium, Promethium, Samarium, Europico, Gadolinium, Terbium, Dysprosium, Holmium, Erbium, Thulium, Ytterbium, Lutetium, Scandium, Yttrium.
E.U.A. Mier Cd. Camargo Gustavo Díaz Ordaz REYNOSA Río bravo
MATAMOROS
Valle hermoso
NUEVO LEÓN Villa de Méndez San Fernando de Presas Mainero Villagrán
GULF OF MEXICO
Hidalgo
PICACHO
Abasolo Nuevo padilla Güemez
CD. VICTORIA
Casas
SOTO LA MARINA
Llera de canales Xicoténcatl González
Graphic Scale
Aldama CD. MANTE
S.L.P.
Altamira
0
Cd. Madero TAMPICO
50
Kilometers
100
18. Picacho The structure presented are semicircular approximately 9 Km2. The mineralization is hosted in nepheline syenites and carbonatites. Structurally the study area is a tertiary magmatic complex ring type of about 9 Km2, veinlet-dikes developed, replacement parts and filling cracks. The central area of the complex is Fenitized generally uralitization observed in outcrops of gabbro from the middle, occasionally some skarn peripheral areas. Mineralization is represented by lanthanides minerals containing mainly Ce and Y, and possibly mineral monazite, Xenotime, fergusonite, Branerite or euxenite.
542000
544000
546000
548000
550000
552000
Litology
2590000
2590000
Qal alluvium Nepheline Syenite Gabbro
2588000
2588000
Diorite Tm Gd Si Kace Cz
2586000
Graphic Scale 0
2
4
Kilometers 542000
544000
546000
548000
550000
552000
2586000
Marble
18. Picacho
Return to general plane
There were carried out geological exploration, geophysics by flight of 71 lines with a separation of 250 m and five control lines totaling 1,294 km in total linear covering an area of 252 km2, and sampling anomalies to semi-detailed geological survey. Gamma ray radiometric with radiometric survey at every 25 m in the heart of the Th anomaly approximately 2,200 linear meters covering an area of approximately 40 hectares, work in semi-detailed mapping and systematic sampling of mineralized structures in trenches of previous work, sampling fenitized rock outcrops and associated dikes. In previous work Hernandez estimated potential 3'500 tons with average content of 4,824 ppm of lanthanides and 1.3% of rare earth oxides (REO).
Carbonatite
Fenitized Zone Th 1,794 ppm
Th values in lines LB 00 NW SE, L 1,000 NE, L 1,100 NE, L 1,200 NE.