This is some in-depth on the company and its Gold Silver Deposit in Mexico. With a indicated resource looking to go into production in the near term this is a interesting read. The president has extremely good credentials as former exploration president for Tech-Cominco
This document provides an overview and analysis of Oroco Resource Corp, a Canadian mineral exploration company. It discusses two of Oroco's primary projects: the Cerro Prieto Project in Mexico, which has a gold and silver resource and is fully permitted for construction of an open pit mine, and the Xochipala Project, also in Mexico, which has potential for over 1 million ounces of gold. The document recommends buying Oroco stock, citing low production costs expected from Cerro Prieto, positive economics from preliminary assessments, and additional exploration potential from recent drilling results extending the known mineralization at Cerro Prieto.
Northen Miner Online Feb 13, 2009 Pace Pays Off With Rapid Resource For OrocoChristopher R Anderson
Oroco Resource defined an initial resource at its Cerro Prieto project in Mexico after only $1.25 million and 5 months of drilling. The resource contains 25.25 million indicated tonnes grading 0.52 g/t gold and 8.6 g/t silver, as well as 4.69 inferred tonnes grading 0.17 g/t gold and 19.4 g/t silver. Oroco plans to expand the resource through additional drilling and studies along the 10 km mineralized shear zone on its properties. Having the experienced exploration geologist Ken Thorsen review the project provides confidence, though the resource estimate failed to excite investors so far.
IMR - iMetal Resources Rocks to Riches Report Nov. 2018MomentumPR
At first glance, iMetal Resources was just gearing
up to explore its wholly-owned Gowganda West Project. The prospective property is located less
than 1.3 km south of Tahoe Resources’ 4 million ounce Juby gold deposit (1.1 million ounces
Measured & Indicated, 2.9 million oz. Inferred), 20 km WSW of Gowganda Ontario, and 90 km
SW of Kirkland Lake Ontario.
• After a season of extensive prospecting and fieldwork, the project has become even more
compelling. So much so, in fact, iMetal increased its land position five fold: from 20 km2
to 105
km2
.
• Historically, the property has seen almost no exploration - mainly because it’s covered by glacial
overburden as well as meta-sediments as opposed to the easier to prospect meta-volcanics
(greenstones). However, “windows” within these meta-sediments and late-stage intrusions
cutting through them prove that gold, silver, copper and even cobalt are present.
• This past year, IMR has identified and sampled a number of these “windows” on its property. Grab
sample results assayed as high as 56.59 g/t gold, 15 g/t silver, and 2.6% copper. What is
particularly interesting is that two of these “windows” lie 5 km apart along a common structural
trend and the associated mineralization may be part of a larger system just beneath the surface.
Further exploration, as well as geophysics and a drill program may provide the market with some
exciting results
Colibri Resource Corporation currently has five promising exploration properties at various stages of exploration in the Sonora Gold Belt. The state’s mineral-rich area is home to miners such as Fresnillo – Mexico’s largest gold producer and the world’s leading silver producer.
Under the Mexican constitution, minerals are part of the national patrimony and the mining industry is supported by a well-structured regulatory framework. The law permits up to 100% private ownership in exploration, development and production of mineral substances.
This legislation has helped attract more than 250 private exploration companies to Mexico, with operations concentrated in the northern states of Sonora, Zacatecas and Chihuahua.
Colibri’s five Sonora properties are located in or near a free-trade zone, which facilitates cross-border movement and general busi- ness. The properties enjoy ease of access, well-developed infrastructure, an available pool of skilled labour and a large degree of common logistics, owing to the sites’ relative proximity to each other.
- The document describes a mining property with a 10,500 foot long major quartz vein structure averaging 4-8 feet wide that has potential to host a multi-million ounce gold equivalent resource. Similar nearby veins have been mined to depths of 2,000-4,000 feet.
- Sampling of mine workings on the property averaged 0.51 oz of gold per ton and a previous operator estimated 20,000 ounces of gold near the surface. A planned 60 hole drill program is scheduled to begin in December 2010.
- The property indicates potential for a large gold/silver and copper porphyry deposit and borders a multi-billion dollar copper porphyry deposit. It will be drilled to further
Clifton Star Formal Report by FCS (Mar 2009) webRonald Wortel
Clifton Star Resources holds gold and base metal projects in Quebec and controls over 11km of the prolific Porcupine-Destor Fault zone. It has a current gold resource of 1.4M oz and expects a new 43-101 report to increase this to 3M oz. Drilling is expanding known zones and identifying new targets along the fault. Base metal assets may be sold to focus on the gold portfolio. The analyst recommends Clifton Star as a speculative buy with a 12-month target price of C$5.35 based on its large land position in a historically productive gold camp and expanding resource base.
iMetal Resources - IMR.V - Rocks to Riches Report June 2019MomentumPR
iMetal Resources has identified numerous high-priority gold targets on its Gowganda West property through prospecting, drilling, and geophysical surveys. Drilling of the Zone 1 South target returned long intervals of anomalous gold and hydrothermal alteration. A geophysical survey outlined seven additional shallow targets associated with fault zones similar to those hosting a nearby multi-million ounce deposit. The company plans follow-up work including ground-truthing and IP surveys to refine drilling targets for the coming year.
Golden Dawn Minerals Inc. is exploring several precious and base metal properties in British Columbia, Canada. The document provides details on the Wild Rose property, which contains high-grade gold and copper veins similar to the Rossland deposits. Drilling data indicates potential for expanding known veins and defining a bulk tonnage target at the Deadwood zone. The company also discusses its Boundary Falls, Royal Attwood, and other properties that show similarities to major deposits in the region.
This document provides an overview and analysis of Oroco Resource Corp, a Canadian mineral exploration company. It discusses two of Oroco's primary projects: the Cerro Prieto Project in Mexico, which has a gold and silver resource and is fully permitted for construction of an open pit mine, and the Xochipala Project, also in Mexico, which has potential for over 1 million ounces of gold. The document recommends buying Oroco stock, citing low production costs expected from Cerro Prieto, positive economics from preliminary assessments, and additional exploration potential from recent drilling results extending the known mineralization at Cerro Prieto.
Northen Miner Online Feb 13, 2009 Pace Pays Off With Rapid Resource For OrocoChristopher R Anderson
Oroco Resource defined an initial resource at its Cerro Prieto project in Mexico after only $1.25 million and 5 months of drilling. The resource contains 25.25 million indicated tonnes grading 0.52 g/t gold and 8.6 g/t silver, as well as 4.69 inferred tonnes grading 0.17 g/t gold and 19.4 g/t silver. Oroco plans to expand the resource through additional drilling and studies along the 10 km mineralized shear zone on its properties. Having the experienced exploration geologist Ken Thorsen review the project provides confidence, though the resource estimate failed to excite investors so far.
IMR - iMetal Resources Rocks to Riches Report Nov. 2018MomentumPR
At first glance, iMetal Resources was just gearing
up to explore its wholly-owned Gowganda West Project. The prospective property is located less
than 1.3 km south of Tahoe Resources’ 4 million ounce Juby gold deposit (1.1 million ounces
Measured & Indicated, 2.9 million oz. Inferred), 20 km WSW of Gowganda Ontario, and 90 km
SW of Kirkland Lake Ontario.
• After a season of extensive prospecting and fieldwork, the project has become even more
compelling. So much so, in fact, iMetal increased its land position five fold: from 20 km2
to 105
km2
.
• Historically, the property has seen almost no exploration - mainly because it’s covered by glacial
overburden as well as meta-sediments as opposed to the easier to prospect meta-volcanics
(greenstones). However, “windows” within these meta-sediments and late-stage intrusions
cutting through them prove that gold, silver, copper and even cobalt are present.
• This past year, IMR has identified and sampled a number of these “windows” on its property. Grab
sample results assayed as high as 56.59 g/t gold, 15 g/t silver, and 2.6% copper. What is
particularly interesting is that two of these “windows” lie 5 km apart along a common structural
trend and the associated mineralization may be part of a larger system just beneath the surface.
Further exploration, as well as geophysics and a drill program may provide the market with some
exciting results
Colibri Resource Corporation currently has five promising exploration properties at various stages of exploration in the Sonora Gold Belt. The state’s mineral-rich area is home to miners such as Fresnillo – Mexico’s largest gold producer and the world’s leading silver producer.
Under the Mexican constitution, minerals are part of the national patrimony and the mining industry is supported by a well-structured regulatory framework. The law permits up to 100% private ownership in exploration, development and production of mineral substances.
This legislation has helped attract more than 250 private exploration companies to Mexico, with operations concentrated in the northern states of Sonora, Zacatecas and Chihuahua.
Colibri’s five Sonora properties are located in or near a free-trade zone, which facilitates cross-border movement and general busi- ness. The properties enjoy ease of access, well-developed infrastructure, an available pool of skilled labour and a large degree of common logistics, owing to the sites’ relative proximity to each other.
- The document describes a mining property with a 10,500 foot long major quartz vein structure averaging 4-8 feet wide that has potential to host a multi-million ounce gold equivalent resource. Similar nearby veins have been mined to depths of 2,000-4,000 feet.
- Sampling of mine workings on the property averaged 0.51 oz of gold per ton and a previous operator estimated 20,000 ounces of gold near the surface. A planned 60 hole drill program is scheduled to begin in December 2010.
- The property indicates potential for a large gold/silver and copper porphyry deposit and borders a multi-billion dollar copper porphyry deposit. It will be drilled to further
Clifton Star Formal Report by FCS (Mar 2009) webRonald Wortel
Clifton Star Resources holds gold and base metal projects in Quebec and controls over 11km of the prolific Porcupine-Destor Fault zone. It has a current gold resource of 1.4M oz and expects a new 43-101 report to increase this to 3M oz. Drilling is expanding known zones and identifying new targets along the fault. Base metal assets may be sold to focus on the gold portfolio. The analyst recommends Clifton Star as a speculative buy with a 12-month target price of C$5.35 based on its large land position in a historically productive gold camp and expanding resource base.
iMetal Resources - IMR.V - Rocks to Riches Report June 2019MomentumPR
iMetal Resources has identified numerous high-priority gold targets on its Gowganda West property through prospecting, drilling, and geophysical surveys. Drilling of the Zone 1 South target returned long intervals of anomalous gold and hydrothermal alteration. A geophysical survey outlined seven additional shallow targets associated with fault zones similar to those hosting a nearby multi-million ounce deposit. The company plans follow-up work including ground-truthing and IP surveys to refine drilling targets for the coming year.
Golden Dawn Minerals Inc. is exploring several precious and base metal properties in British Columbia, Canada. The document provides details on the Wild Rose property, which contains high-grade gold and copper veins similar to the Rossland deposits. Drilling data indicates potential for expanding known veins and defining a bulk tonnage target at the Deadwood zone. The company also discusses its Boundary Falls, Royal Attwood, and other properties that show similarities to major deposits in the region.
Orestone Resources Corp is a gold and copper exploration company focused on its 100% owned Captain project in British Columbia, Canada. Drilling at the Captain East target intersected 87m grading 0.230 g/t gold and 0.03% copper, including higher grade intervals, indicating a large copper-gold porphyry system. Geophysics show three anomalies comparable to the nearby Mt. Milligan copper-gold mine. The discovery supports the interpretation of a multi-intrusive porphyry system strengthening to the east. With further drilling planned, Captain is an early-stage but promising copper and gold prospect.
Victory West Metals has commenced preliminary fieldwork at its Novienindo Copper Project in Sulawesi, Indonesia to conduct technical due diligence. An experienced team including a consulting geologist and copper porphyry expert will map the area, compile historical data, collect samples, and outline exploration targets over a 40 day program. Previous exploration at the project intersected gold and copper mineralization, including 34.2 meters averaging 3.05 g/t gold.
Ontex Resources is a junior mining exploration company focused on advancing its Brookbank gold project in Ontario, Canada. The project covers 35km of a major historic gold producing camp that saw production of over 4 million ounces from 14 past mines. Recent drilling by Ontex has expanded the resource at its core Brookbank deposit to 853,700 ounces of gold across several zones. The company plans a $2.3 million drilling program in 2009 aimed at further expanding resources across its large land package in this under-explored camp. Analysts view Ontex as a speculative buy due to its success advancing a significant gold resource in a proven productive mining district.
The document discusses exploration results at the Majuba Hill project in Nevada. Drilling in 2011-2012 confirmed a large porphyry system with near-surface high-grade silver/copper/gold oxide mineralization extending over 500 meters. Highlights of drilling include hole MM-06 with 96 meters averaging 39.2 g/t silver and 0.57% copper. The company plans to establish an initial resource estimate and is permitted to conduct further drilling.
The corporate presentation provides an overview of Minaurum Gold Inc., a mineral exploration company focused on projects in Mexico. Key points:
- Minaurum has a first mover advantage as the first explorer of the southern Guerrero Gold Belt, where over 21 million ounces of gold have been discovered.
- Management and directors have a track record of discoveries, including deposits acquired for hundreds of millions of dollars.
- The company's projects include Vuelcos del Destino in the Guerrero Gold Belt and the Aurena gold project, where drilling has intersected significant gold mineralization.
- Exploration is the primary focus, accounting for 80% of expenditures. The company is well funded
Minaurum Gold Inc. is a mineral exploration company focused on exploring four drill-ready projects in Mexico's Guerrero Gold Belt. The company has a proven management team that has discovered over 200 million ounces of silver and 8 million ounces of gold. Minaurum's flagship project is the Vuelcos del Destino project, located 19km from Goldcorp's multi-million ounce Los Filos mine. Upcoming catalysts include an initial 7,500m drill program at Vuelcos del Destino once permits are received, as well as further exploration work at the Adelita and Aurena projects. The company also has the Santa Marta copper-gold project under option, where permitting is complete for
Minaurum Gold Inc. is a mineral exploration company focused on exploring and developing gold and copper projects in Mexico. It has a portfolio of 4 drill-ready projects located in prolific mining belts, including the Guerrero Gold Belt which hosts over 21 million ounces of gold. Upcoming catalysts include drill programs at the Vuelcos del Destino project in the Guerrero Gold Belt and the Santa Marta copper-gold project. Minaurum has an experienced management team that has been involved in multiple significant mineral discoveries.
Cameroon: The New Destination for MiningMining On Top
Cameroon: The New Destination for Mining
Hosted by Hon Dr Calixtus Fuh, Secretary of State , Ministry of
Mines, Industry and Technological Development, Cameroon
Mining On Top: Africa - London Summit
25-26 Jun 2013 | London
Calibre Mining Corp is a Canadian exploration company focused on gold, silver and copper projects in Nicaragua's Mining Triangle region. It has a portfolio of 100% owned and optioned projects including Primavera, Riscos de Oro, Rosita, and Cerro Aeropuerto. Calibre has outlined resources in accordance with NI 43-101 standards and is actively exploring several prospects through drilling, sampling, and trenching to evaluate their resource potential. It is advancing projects both on its own and through partnerships with other companies.
Minaurum Gold is a mineral exploration company focused on projects in Mexico's Guerrero Gold Belt. Key points:
- Minaurum has a portfolio of 7 drill-ready projects located near multi-million ounce gold deposits in the prolific Guerrero Gold Belt.
- Their flagship project, Vuelcos del Destino, is located 20km from Goldcorp's 7.75M oz Los Filos mine and covers similar geology. Permitting is underway for a 7,500m drill program.
- Other projects include the Aurena gold project with identified gold zones up to 1.8km long and the Adelita copper-gold project with drill results including 105.2m
Minaurum Gold is a mineral exploration company focused on projects in Mexico's Guerrero Gold Belt. Key points:
- Minaurum has a portfolio of 7 drill-ready projects located near multi-million ounce gold deposits in the prolific Guerrero Gold Belt.
- Their flagship project, Vuelcos del Destino, is located 20km from Goldcorp's 7.75M oz Los Filos mine and covers similar geology. Permitting is underway for a 7,500m drill program.
- Other projects include the Aurena gold project with identified gold zones up to 1.8km long and the Adelita copper-gold project with drill results including 105.2m
The document summarizes a gold exploration project called the Terra Project located in Alaska. It owns 240 mining claims covering 130 square kilometers. International Tower Hill Mines Ltd owns 100% of the property but has signed an agreement for Terra Mining Corporation to earn an 80% interest through $9.05 million in expenditures over four years. Drilling to date has outlined a high-grade gold resource along four vein zones, notably the Bens Vein which remains open for expansion. The project has potential for near-term production through bulk sampling and milling while continuing exploration drilling to expand resources.
Minaurum Gold is a mineral exploration company focused on projects in Mexico's Guerrero Gold Belt. The company has four drill-ready projects including Vuelcos del Destino, located 19km from Goldcorp's multi-million ounce Los Filos mine. Upcoming catalysts include a planned 7,500m drill program at Vuelcos del Destino and permitting for a 2,500m drill program at the Santa Marta copper-gold project under an option agreement with Lowell Copper. Minaurum is led by an experienced management team with a track record of discoveries who seek to unlock the potential of the underexplored southern Guerrero Gold Belt.
Minaurum Gold Inc. is a gold exploration company focused on projects in Mexico's Guerrero Gold Belt which hosts over 21 million ounces of gold. They have a first mover advantage as one of the first explorers into the southern part of the belt. Their flagship project, Vuelcos del Destino, is located near Goldcorp's multi-million ounce Los Filos mine. Upcoming catalysts include an initial 7,500m drill program at Vuelcos once permits are received to test targets near known deposits. They also have copper and gold projects including Adelita with previous drilling returning over 100m of 1% copper. Minaurum has a tight share structure and proven management team with a
Minaurum Gold is a mineral exploration company focused on projects in Mexico's Guerrero Gold Belt. It has a proven management team that has discovered over 200M oz of silver and 8M oz of gold. It holds 7 drill-ready projects in the Guerrero Gold Belt, including its flagship Vuelcos del Destino project near Goldcorp's multi-million ounce Los Filos mine. Upcoming catalysts include an upcoming 7,500m drill program at Vuelcos del Destino once permits are received, as well as further exploration updates from its Adelita and Aurena projects. Minaurum is well positioned to make new discoveries in this emerging gold district.
Minaurum Gold Inc. is a mineral exploration company focused on projects in the Guerrero Gold Belt of Mexico. The company has a portfolio of 7 drill-ready projects located near multi-million ounce gold deposits. Upcoming catalysts include an anticipated 7,500m drilling program at the Vuelcos del Destino project located near Goldcorp's Los Filos mine. Minaurum also plans further exploration work at the Adelita copper-gold project and Aurena gold project, and will provide exploration updates for the El Porfido and Jackie projects. The company has a tight share structure and is well positioned to benefit from exploration success in the prolific Guerrero Gold Belt region of Mexico.
Minaurum Gold is a mineral exploration company focused on projects in Mexico's Guerrero Gold Belt. They have a large land position of over 18,000 hectares in the southern part of the belt. The belt has seen over 21 million ounces of gold discoveries in recent decades by companies like Goldcorp and Torex. Minaurum's key projects include Vuelcos del Destino, located near Goldcorp's multi-million ounce Los Filos mine, as well as the Adelita copper-gold project and Aurena gold project. Upcoming catalysts include an upcoming 7,500m drill program at Vuelcos del Destino once permits are received, as well as further work at Adel
Minaurum Gold Inc. is a gold exploration company focused on projects in Mexico's Guerrero Gold Belt which hosts over 21 million ounces of gold. The company has a portfolio of 7 drill-ready projects in the belt including their flagship Vuelcos del Destino project near Goldcorp's multi-million ounce Los Filos mine. Upcoming catalysts include an initial 7,500m drill program at Vuelcos del Destino as well as further exploration updates from their Adelita copper-gold and Aurena gold projects. Minaurum is well funded with $0.25M in working capital and no debt to advance exploration of their projects in one of Mexico's most prospective gold regions.
June 2021 - Sonoro Gold - Summary Cerro Caliche FocusMomentumPR
Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.
June 2021 - Sonoro Gold - Near Term ProductionMomentumPR
Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.
Orestone Resources Corp is a gold and copper exploration company focused on its 100% owned Captain project in British Columbia, Canada. Drilling at the Captain East target intersected 87m grading 0.230 g/t gold and 0.03% copper, including higher grade intervals, indicating a large copper-gold porphyry system. Geophysics show three anomalies comparable to the nearby Mt. Milligan copper-gold mine. The discovery supports the interpretation of a multi-intrusive porphyry system strengthening to the east. With further drilling planned, Captain is an early-stage but promising copper and gold prospect.
Victory West Metals has commenced preliminary fieldwork at its Novienindo Copper Project in Sulawesi, Indonesia to conduct technical due diligence. An experienced team including a consulting geologist and copper porphyry expert will map the area, compile historical data, collect samples, and outline exploration targets over a 40 day program. Previous exploration at the project intersected gold and copper mineralization, including 34.2 meters averaging 3.05 g/t gold.
Ontex Resources is a junior mining exploration company focused on advancing its Brookbank gold project in Ontario, Canada. The project covers 35km of a major historic gold producing camp that saw production of over 4 million ounces from 14 past mines. Recent drilling by Ontex has expanded the resource at its core Brookbank deposit to 853,700 ounces of gold across several zones. The company plans a $2.3 million drilling program in 2009 aimed at further expanding resources across its large land package in this under-explored camp. Analysts view Ontex as a speculative buy due to its success advancing a significant gold resource in a proven productive mining district.
The document discusses exploration results at the Majuba Hill project in Nevada. Drilling in 2011-2012 confirmed a large porphyry system with near-surface high-grade silver/copper/gold oxide mineralization extending over 500 meters. Highlights of drilling include hole MM-06 with 96 meters averaging 39.2 g/t silver and 0.57% copper. The company plans to establish an initial resource estimate and is permitted to conduct further drilling.
The corporate presentation provides an overview of Minaurum Gold Inc., a mineral exploration company focused on projects in Mexico. Key points:
- Minaurum has a first mover advantage as the first explorer of the southern Guerrero Gold Belt, where over 21 million ounces of gold have been discovered.
- Management and directors have a track record of discoveries, including deposits acquired for hundreds of millions of dollars.
- The company's projects include Vuelcos del Destino in the Guerrero Gold Belt and the Aurena gold project, where drilling has intersected significant gold mineralization.
- Exploration is the primary focus, accounting for 80% of expenditures. The company is well funded
Minaurum Gold Inc. is a mineral exploration company focused on exploring four drill-ready projects in Mexico's Guerrero Gold Belt. The company has a proven management team that has discovered over 200 million ounces of silver and 8 million ounces of gold. Minaurum's flagship project is the Vuelcos del Destino project, located 19km from Goldcorp's multi-million ounce Los Filos mine. Upcoming catalysts include an initial 7,500m drill program at Vuelcos del Destino once permits are received, as well as further exploration work at the Adelita and Aurena projects. The company also has the Santa Marta copper-gold project under option, where permitting is complete for
Minaurum Gold Inc. is a mineral exploration company focused on exploring and developing gold and copper projects in Mexico. It has a portfolio of 4 drill-ready projects located in prolific mining belts, including the Guerrero Gold Belt which hosts over 21 million ounces of gold. Upcoming catalysts include drill programs at the Vuelcos del Destino project in the Guerrero Gold Belt and the Santa Marta copper-gold project. Minaurum has an experienced management team that has been involved in multiple significant mineral discoveries.
Cameroon: The New Destination for MiningMining On Top
Cameroon: The New Destination for Mining
Hosted by Hon Dr Calixtus Fuh, Secretary of State , Ministry of
Mines, Industry and Technological Development, Cameroon
Mining On Top: Africa - London Summit
25-26 Jun 2013 | London
Calibre Mining Corp is a Canadian exploration company focused on gold, silver and copper projects in Nicaragua's Mining Triangle region. It has a portfolio of 100% owned and optioned projects including Primavera, Riscos de Oro, Rosita, and Cerro Aeropuerto. Calibre has outlined resources in accordance with NI 43-101 standards and is actively exploring several prospects through drilling, sampling, and trenching to evaluate their resource potential. It is advancing projects both on its own and through partnerships with other companies.
Minaurum Gold is a mineral exploration company focused on projects in Mexico's Guerrero Gold Belt. Key points:
- Minaurum has a portfolio of 7 drill-ready projects located near multi-million ounce gold deposits in the prolific Guerrero Gold Belt.
- Their flagship project, Vuelcos del Destino, is located 20km from Goldcorp's 7.75M oz Los Filos mine and covers similar geology. Permitting is underway for a 7,500m drill program.
- Other projects include the Aurena gold project with identified gold zones up to 1.8km long and the Adelita copper-gold project with drill results including 105.2m
Minaurum Gold is a mineral exploration company focused on projects in Mexico's Guerrero Gold Belt. Key points:
- Minaurum has a portfolio of 7 drill-ready projects located near multi-million ounce gold deposits in the prolific Guerrero Gold Belt.
- Their flagship project, Vuelcos del Destino, is located 20km from Goldcorp's 7.75M oz Los Filos mine and covers similar geology. Permitting is underway for a 7,500m drill program.
- Other projects include the Aurena gold project with identified gold zones up to 1.8km long and the Adelita copper-gold project with drill results including 105.2m
The document summarizes a gold exploration project called the Terra Project located in Alaska. It owns 240 mining claims covering 130 square kilometers. International Tower Hill Mines Ltd owns 100% of the property but has signed an agreement for Terra Mining Corporation to earn an 80% interest through $9.05 million in expenditures over four years. Drilling to date has outlined a high-grade gold resource along four vein zones, notably the Bens Vein which remains open for expansion. The project has potential for near-term production through bulk sampling and milling while continuing exploration drilling to expand resources.
Minaurum Gold is a mineral exploration company focused on projects in Mexico's Guerrero Gold Belt. The company has four drill-ready projects including Vuelcos del Destino, located 19km from Goldcorp's multi-million ounce Los Filos mine. Upcoming catalysts include a planned 7,500m drill program at Vuelcos del Destino and permitting for a 2,500m drill program at the Santa Marta copper-gold project under an option agreement with Lowell Copper. Minaurum is led by an experienced management team with a track record of discoveries who seek to unlock the potential of the underexplored southern Guerrero Gold Belt.
Minaurum Gold Inc. is a gold exploration company focused on projects in Mexico's Guerrero Gold Belt which hosts over 21 million ounces of gold. They have a first mover advantage as one of the first explorers into the southern part of the belt. Their flagship project, Vuelcos del Destino, is located near Goldcorp's multi-million ounce Los Filos mine. Upcoming catalysts include an initial 7,500m drill program at Vuelcos once permits are received to test targets near known deposits. They also have copper and gold projects including Adelita with previous drilling returning over 100m of 1% copper. Minaurum has a tight share structure and proven management team with a
Minaurum Gold is a mineral exploration company focused on projects in Mexico's Guerrero Gold Belt. It has a proven management team that has discovered over 200M oz of silver and 8M oz of gold. It holds 7 drill-ready projects in the Guerrero Gold Belt, including its flagship Vuelcos del Destino project near Goldcorp's multi-million ounce Los Filos mine. Upcoming catalysts include an upcoming 7,500m drill program at Vuelcos del Destino once permits are received, as well as further exploration updates from its Adelita and Aurena projects. Minaurum is well positioned to make new discoveries in this emerging gold district.
Minaurum Gold Inc. is a mineral exploration company focused on projects in the Guerrero Gold Belt of Mexico. The company has a portfolio of 7 drill-ready projects located near multi-million ounce gold deposits. Upcoming catalysts include an anticipated 7,500m drilling program at the Vuelcos del Destino project located near Goldcorp's Los Filos mine. Minaurum also plans further exploration work at the Adelita copper-gold project and Aurena gold project, and will provide exploration updates for the El Porfido and Jackie projects. The company has a tight share structure and is well positioned to benefit from exploration success in the prolific Guerrero Gold Belt region of Mexico.
Minaurum Gold is a mineral exploration company focused on projects in Mexico's Guerrero Gold Belt. They have a large land position of over 18,000 hectares in the southern part of the belt. The belt has seen over 21 million ounces of gold discoveries in recent decades by companies like Goldcorp and Torex. Minaurum's key projects include Vuelcos del Destino, located near Goldcorp's multi-million ounce Los Filos mine, as well as the Adelita copper-gold project and Aurena gold project. Upcoming catalysts include an upcoming 7,500m drill program at Vuelcos del Destino once permits are received, as well as further work at Adel
Minaurum Gold Inc. is a gold exploration company focused on projects in Mexico's Guerrero Gold Belt which hosts over 21 million ounces of gold. The company has a portfolio of 7 drill-ready projects in the belt including their flagship Vuelcos del Destino project near Goldcorp's multi-million ounce Los Filos mine. Upcoming catalysts include an initial 7,500m drill program at Vuelcos del Destino as well as further exploration updates from their Adelita copper-gold and Aurena gold projects. Minaurum is well funded with $0.25M in working capital and no debt to advance exploration of their projects in one of Mexico's most prospective gold regions.
June 2021 - Sonoro Gold - Summary Cerro Caliche FocusMomentumPR
Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.
June 2021 - Sonoro Gold - Near Term ProductionMomentumPR
Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.
Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.
"Discovering, developing and producing precious metals in one of the worlds richest gold belts"
The Sierra Madre Gold Belt - Mexico
Trading on the OTCBB - MXOM
MacMillan Gold Corp. is a junior mining exploration company focused on acquiring, exploring, and developing gold and silver properties in Mexico. The document provides an overview of MacMillan Gold Corp., including its management team and recent activities acquiring exploration properties in Mexico. It then provides details on MacMillan's most advanced project, the Cerro de Oro property in Mexico, which hosts a gold and silver-bearing intrusive complex that represents MacMillan's primary exploration target.
Montoro Resources has intersected nearly 100 meters of sulphide mineralization at its Pecors anomaly drilling target in northern Ontario. Assays are pending but visual inspection found disseminated pyrrhotite and chalcopyrite minerals within a thick gabbro unit, indicating the potential for nickel-copper-PGE mineralization. Downhole probing will be conducted after the first hole is completed to over 1000 meters. Drilling of a second hole 650 meters away will then start. The company is also pleased to have closed its final financing tranche, oversubscribed at $116,550, subject to approval.
Partnering with Teck Resources to Develop World Class Copper Resources in Namibia
Deep-South is listed on TSX Venture, V-DSM
Haib Copper Project – world class resource potential:
• 30% interest in an existing 5.7 billion lbs Cu Historical Estimate*, open near surface and at depth;
• World class partner – Teck Resources;
• Teck owns 70% of the Haib project;
• Teck manages the exploration program at Haib;
• Over 50,000 metres of diamond drilling by 5 mining companies in the last 50 years;
• Teck is the first company to apply modern porphyry exploration techniques on Haib Copper; ! Excellent mining jurisdiction – Namibia:
• Best investment jurisdiction in Africa;
• Politically and economically stable country;
• Solid infrastructure; ! Seasoned and renowned technical management team, experienced board of directors.
- Yellowknife City Gold controls over 23km of strike along the underexplored Yellowknife Gold Belt in the Northwest Territories of Canada, immediately north of the past producing Giant and Con gold mines.
- Recent drilling results by TerraX include intercepts of 8.00m @ 60.60 g/t Au and 7.30m @ 23.60 g/t Au at the Mispickel zone and 49.70m @ 1.00 g/t Au at the Sam Otto zone.
- The project is fully funded for ongoing exploration with $4.9 million in working capital and has an experienced management team with a track record of successful exploration and development.
International Montoro Resources has acquired an additional 4 caims covering 4,500 acres, due west of its Carbo group claims in the Rocky Mountain Rare Metal Belt near Prince George, British Columbia.
$USD TWO MILLION GOLD BULLION REWARDS CROWDFUNDING
We are offering up to 2,000 ounces of Gold Bullion @ 15% - 20% discount to L.M.E. spot price @ the date of the Offering to be delivered in 1.5 - 2 years.
THE COMPANY IS ACCEPTING BITCOINS & $USD AS CURRENCY
- TNR Gold is a mineral exploration company focused on precious metals, base metals, and rare earth elements. It uses a "project generator" model of acquiring early stage prospects and advancing them through partnerships to diversify costs and risk.
- One of its main projects is Los Azules in Argentina, a large copper deposit it has a 25% back-in right to once a feasibility study is complete. It also owns two gold-copper prospects in Alaska.
- The presentation provides details on TNR Gold's management, projects, and financial information such as its share structure and ownership.
1. The document describes the exploration and ownership history of the Caspiche porphyry Au-Cu deposit located in Chile's Maricunga belt, including work conducted by Anglo American, Newcrest, and Exeter Resource Corporation.
2. Key events include Anglo initially exploring the area from 1986-1990 and drilling 18 holes, Newcrest exploring from 1996-1998 and drilling 36 holes, and Exeter acquiring the property in 2005 and significantly expanding the resource through additional drilling.
3. As of 2009, Exeter had outlined an inferred resource at Caspiche of 19.6 million ounces of gold and 4.8 billion pounds of copper.
The document summarizes plans by MWMG to mine gold and silver from 8 mining claims located in Arizona. Assays of 2 claims show reserves of $136 million in gold and $280 million in silver. MWMG will begin operations in March, processing approximately 700 tons of ore samples to extract gold, silver, and other metals. Over a 24 month period, MWMG projects $28 million in gross revenue and $11 million in costs from mining the claims.
Trivello Energy Corp. (TSXv: TRV) announced that it has entered into two separate agreements to acquire the Roy and Porcupine Copper-Gold Showings, located in the Toodoggone region of north-central British Columbia. Both showings are adjacent to the Day Property which the Company acquired and announced August 3, 2010. In addition, the Company has acquired by staking, 6 additional claims (Erin claims). In total the Company now holds 19 claims, totaling 7,119 hectares, within the Day -- Roy -- Porcupine area.
Minaurum Gold is a mineral exploration company focused on projects in Mexico's Guerrero Gold Belt. They have a first mover advantage as one of the first explorers in the southern Guerrero Gold Belt, which hosts over 21 million ounces of gold. Their key projects include Vuelcos del Destino, located 20km from Goldcorp's multi-million ounce Los Filos Mine. They plan to begin a 7,500m drilling program at Vuelcos pending permit approval. They also have copper and gold projects including Adelita, a copper porphyry project, and Aurena, a gold project. Minaurum is led by an experienced management team involved with numerous past discoveries and has no
Minaurum Gold Inc. is a mineral exploration company focused on projects in Mexico. It has a portfolio of 8 exploration projects located in the Guerrero Gold Belt, including Vuelcos del Destino, Corazonada, and Jackie. Minaurum has completed initial drilling programs at Aurena, Adelita, and Capilla that returned positive gold and silver intercepts. The company plans additional drilling at several projects in 2012 and is exploring large land holdings in an emerging gold district with over 15 million ounces discovered to date. Minaurum is well funded with $3.5 million in cash and no debt.
Arrowstar Resources is raising capital through a private placement to fund a 10-hole diamond drill program at its Secret Pass Gold Project in Arizona. The goals are to validate historic resource calculations and evaluate feasibility study and mine development options. The project has seen significant past exploration including drilling and contains historic estimates of over 1 million tonnes grading around 2.5 g/t gold, though these are not compliant with current standards. Arrowstar plans to incorporate new drilling data into its models to define next steps toward feasibility studies and potential production.
Similar to Analyst report on Oroco Resource Corp (20)
- The document summarizes key internet trends from a 2013 conference on internet trends.
- Mobile internet access and usage is growing rapidly, surpassing desktop internet access in some countries like China. Mobile transactions and searches now exceed desktop in places.
- Sharing of photos, videos, fitness data and other content on mobile and social platforms is exploding. Hundreds of millions of photos are now uploaded daily.
- Facebook has seen strong revenue growth driven by rising mobile users and usage, though desktop ARPU is declining. Mobile now accounts for over two-thirds of Facebook users and 30% of ad revenue.
The document contains 3D views and maps of the Keymet Mine shaft and ore body located in New Brunswick, Canada. The maps were produced in 2011 by Atlantic Geomatics Services and show the main vein that was largely unmined as well as projections of additional veins. Notes indicate that mine levels are in feet and that the model was digitized from level plans and produced using 3D modeling software.
GreenLight Resources Rare Earth Property is the Porcupine Property located in Central New Brunswick. Recently is was announced that EX.p has entered into an a JV agreement with GR.v
Graphite-is-black-gold-of-the-21st-century-industrial-alliance-securitiesChristopher R Anderson
GreenLight Resources has two Graphite projects one a past producer, both are located in Atlantic Canada. Both projects have potential for large flake graphite, and the company is advancing its workprograms on these properties.
The document discusses a gathering of expensive European supercars driving recklessly in rainy conditions in Japan, resulting in a major pileup that damaged many of the cars. It then discusses the recent EU summit, noting the ECB took meaningful steps to provide liquidity to banks by loosening collateral requirements and extending loan durations, which will allow banks to purchase more sovereign debt. However, the summit itself did little and hard fiscal reforms are still needed. Rating agencies also placed 15 Eurozone countries on credit watch for potential downgrades.
GreenLight Resources Inc. has completed a National Instrument 43-101 technical report on its 100% owned Porcupine property in New Brunswick, Canada. The report found rare earth element and base metal anomalies in soil samples that indicate the potential for economic mineralization. It recommends a two-phase $230,000 exploration program to further investigate REE and base metal sources through mapping, sampling, surveying, and trenching followed by diamond drilling. The property has potential for a Bathurst-type massive volcanic hosted sulphide deposit based on the styles of mineralization found. The report provides support to attract a joint venture partner to help fund further exploration aimed at enhancing shareholder value.
GreenLight exploration in Bathurst camp results in new Gold Targets and confirms high-grade silver and base metal assays. Assays include > 3g/t Au, 549 gpt Ag, 2.35%Cu, 33.90% Pb and 22.90% Zn. Two new gold discoveries were made, including a 2m quartz-arsenopyrite shear zone assaying 3.4gpt Au and arsenopyrite-bearing boulders assaying 1.7-3gpt Au. Grab samples from the Keymet mine dump contained high grades of silver, copper, lead and zinc. Future exploration plans include expanding gold showings, trenching gold targets, and drilling untested
The document is a risk list published by the British Geological Survey that ranks 52 chemical elements based on their relative supply risk. It considers factors like abundance, production concentration, reserve distribution, and political stability of leading producer countries. Many elements are highly dependent on production from China, including rare earth elements, tungsten, and antimony, which face very high supply risks. The methodology has limitations and does not consider other factors that could impact supply risk over time, like demand changes, substitution potential, and increased recycling.
Graphite is one of two naturally occurring minerals comprised solely of carbon, the other being diamond. Although graphite and diamond share the same chemical composition, differences in how their carbon atoms are arranged gives them very different properties. Graphite has a layered structure that allows for flexibility and lubrication, while diamond has a very strong tetrahedral structure that makes it exceptionally hard. In New Brunswick, past graphite mining ventures produced small amounts of graphite near Saint John in the 19th century. The largest known deposit is the Golden Grove graphite prospect near Saint John, which was explored in the 1980s but deemed uneconomic at the time. Other minor graphite occurrences in the province are typically associated with carbonaceous sedimentary
This document discusses discovering, developing, and producing precious metals in North and South America. It describes a company that is exploring a potential gold discovery in Argentina called the Cerro Delta Project. The project shows promising signs like being located near other large deposits, having coinciding areas of gold mineralization and geophysical anomalies, and potential for further discoveries on the property. The company plans drilling at Cerro Delta in the fall to test their theory that it could be a multi-million ounce deposit similar to nearby major gold projects. The document outlines the project's geology and exploration history to date, and potential upside for investors if resources are identified.
There are several key differences between obtaining a mortgage in Canada versus Arizona to finance the purchase of real estate:
- In the US we use title companies and escrow agents to close properties, not attorneys like in Canada.
- Loans are typically amortized over 30 years in the US, rather than the usual 25 years in Canada.
- You can fix your interest rate for 15 or 30 years in the US, unlike the typical 10-year fix in Canada.
- US lenders compound interest annually rather than semi-annually, so you don't pay interest on interest.
- You can usually prepay as much as you like in the US, but make sure to get a
Ventana Gold announced a prefeasibility study for its La Bodega gold project in Colombia, estimating average annual production of 347,000 gold equivalent ounces over the first six years at cash costs of $322/oz. The study estimated a pre-tax IRR of 34% and NPV of $807 million for the 14-year mine life project.
Hana Mining announced positive results from metallurgical tests on sulphide material from the Banana zone at its Ghanzi copper project in Botswana. The tests achieved 92.75% copper and 80.58% silver recovery at a concentrate grade of 43.55% copper and 853.57 g/t silver. Molyb
This document outlines 7 ways to use social media to build business and personal brands. It discusses using social media for reputation management, customer service, public relations, customer acquisition, customer loyalty, thought leadership, and networking. Some key points include using social media to engage with customers, monitor conversations, respond to issues, provide excellent customer service, distribute content as a thought leader, and connect with relevant groups and individuals. The overall message is that social media can be effectively used in many aspects of business if done strategically and with a focus on customers.
This document provides an overview and analysis of copper mining companies by Resource Capital Research. It includes commentary on the copper price outlook, performance of copper equities, and featured company summaries. 10 Australian copper exploration, development and production companies are reviewed, with details on their share price, market capitalization, cash/debt positions, and project status. The copper price is at a 27-month high and demand is expected to remain strong due to growth in China and a tight supply outlook. [END SUMMARY]
Facebook provides an unprecedented opportunity for brands to connect and engage with consumers through its massive reach and unique factors that make it an entertaining social community. The top three factors that differentiate Facebook are:
1. Connection - Facebook allows people to connect with a wide range of individuals from all walks of life. It has become the default social network for most people.
2. Self-expression - People use Facebook to represent themselves and what they support through their profile information, photos, videos, and likes. However, liking a brand does not necessarily mean they want marketing messages from that brand.
3. Entertainment - Facebook is an entertaining way for people to see what friends are doing and stay connected. Marketers can tap into
Madhya Pradesh, the "Heart of India," boasts a rich tapestry of culture and heritage, from ancient dynasties to modern developments. Explore its land records, historical landmarks, and vibrant traditions. From agricultural expanses to urban growth, Madhya Pradesh offers a unique blend of the ancient and modern.
Monthly Market Risk Update: June 2024 [SlideShare]Commonwealth
Markets rallied in May, with all three major U.S. equity indices up for the month, said Sam Millette, director of fixed income, in his latest Market Risk Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
How to Identify the Best Crypto to Buy Now in 2024.pdfKezex (KZX)
To identify the best crypto to buy in 2024, analyze market trends, assess the project's fundamentals, review the development team and community, monitor adoption rates, and evaluate risk tolerance. Stay updated with news, regulatory changes, and expert opinions to make informed decisions.
“Amidst Tempered Optimism” Main economic trends in May 2024 based on the results of the New Monthly Enterprises Survey, #NRES
On 12 June 2024 the Institute for Economic Research and Policy Consulting (IER) held an online event “Economic Trends from a Business Perspective (May 2024)”.
During the event, the results of the 25-th monthly survey of business executives “Ukrainian Business during the war”, which was conducted in May 2024, were presented.
The field stage of the 25-th wave lasted from May 20 to May 31, 2024. In May, 532 companies were surveyed.
The enterprise managers compared the work results in May 2024 with April, assessed the indicators at the time of the survey (May 2024), and gave forecasts for the next two, three, or six months, depending on the question. In certain issues (where indicated), the work results were compared with the pre-war period (before February 24, 2022).
✅ More survey results in the presentation.
✅ Video presentation: https://youtu.be/4ZvsSKd1MzE
Budgeting as a Control Tool in Government Accounting in Nigeria
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Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
1. P. ZIHLMANN INVESTMENT • MANAGEMENT AG
Your independent Swiss asset manager
THE TIMELESS PRECIOUS METAL FUND
THE TIMELESS ENERGY FUND
THE SIERRA MADRE GOLD & SILVER VENTURE CAPITAL FUND
OROCO RESOURCE CORP. (TSX:OCO) NEW RECOMMENDATION, February 25, 2009
Home page of OCO
Chart 3 years
OROCO RESOURCE CORP: RETURN ON CAD 10,000 INVESTMENT
Purchase Date No. of Shares Purchase Price Cost (CAD) Price Today Value Today
February 19, 2009 66'700 0.15 10'005.00
Total 66'700 0.15 10'005.00 0.20 13'340.00
Profit 3'335.00
Profit (in %) 33%
SHARES OUTSTANDING / FULLY DILUTED MARKET CAP
27,593,521 / 35,145,281 CAD 3.8 Million
52 WEEK LOW / HIGH TSXV
CAD 0.03 to 0.75 58,600 (200-day)
RECOMMENDATION RISK RATING
BUY HIGHEST
$ 250 CONTAINED METAL FOR EACH $ 1 MARKET CAP AND ADDITIONAL DEVELOPMENT
DRILLING IN 2009
Business Summery
Oroco is a Canadian junior mining company focused on the exploration and development of the Cerro
Prieto Mine, a historical gold and silver producer in Sonora State, Mexico.
The mine is contained within Oroco's 27.23 sq. km. of 100% owned mining concessions.
A successful phase one exploration program was completed in October, 2008, drilling in detail just 600
meters of strike length of the mineralized structure out of the several thousand meters of the structure
contained on Oroco’s concessions. The results of an independently calculated mineral resource
estimate based on data from the Phase 1 exploration program were announced on January 27, 2009.
The National Instrument 43-101 compliant study concludes that work to date on the property
has outlined an indicated resource of 25,250,000 tonnes with an average grade of 0.52 g/t Au,
8.6 g/t Ag, 0.34% Pb and 1.02% Zn and, in addition, a total inferred resource of 4,690,000 tonnes
with an average grade of 0.17 g/t Au, 19.4 g.t Ag, 0.37% Pb and 1.20% Zn.
1
2. Project Location
OROCO's principal assets are:
• A 100% ownership interest in the 215 hectare San Francisco and San Felix mining
concessions hosting the past producing Cerro Prieto Mine, as well as a 100% interest in the
2,508 hectare, Cerro Prieto North mining concession containing additional strike length of the
mineralized structure which hosts the Cerro Prieto Mine.
• 100% ownership of 3 mining concessions within the original Morelos National Mining Reserve.
The Celia Gene and Celia Generosa mining concessions lie within 2 kilometres of
Goldcorp’s Los Filos-El Bermejal open pit gold mine and contain mineralization similar in
style to that mine as well as the mineralization hosting several other gold mines in the area.
High grade underground zones within the concessions hosted historic gold production.
History
The Cerro Prieto Mine operated from 1906 with production reportedly between 500 and 720 tpd of
gold and silver ore grading 3 to 15 g/ton Au and 50 to 60 g/ton Ag.
Mining operations ceased in 1912 at the time of the Mexican Revolution and were never resumed. A
number of factors, including the 1966 mining law requiring 51% Mexican ownership, prevented further
mining in the 20th century.
Companies conducting exploration programs from 1969 to 1999 issued consistent reports of
mineralization at Cerro Prieto. In 1998 Morgain Minerals Inc. conducted a reverse circulation drill
program of 23 holes on a limited portion of the structure and based on this drill program Morgain
management estimated that within the area of drilling and detailed work there is a bulk underground
resource* of 7,061,129 tons at an average gold equivalent grade of 4.40 g/ton and an open pit
resource* of 1,391,000 with an average gold equivalent grade of 2.47 g/ton.
2
3. NI 43-101 COMPLIANT RESOURCE
At the completion of Oroco's Phase 1 exploration program at Cerro Prieto, Giroux Consultants Ltd.
of Vancouver, an independent consulting firm specializing in resource and reserve calculations,
completed a resource calculation using information from 23 of the 24 holes completed by Oroco in
2008. Drilling consisted of 24 holes in 6,000 meters diamond drilling at 100 meter centers over a strike
length of 6000 meters and to a maximum depth of 400 meters as well as a single step out drill hole.
CP023, drilled on strike 300 meters north of the area of detailed drilling. Drill hole CP023, considered
a step out hole, intercepted a broad zone of well mineralized rock but data from this hole was not
included in the resource calculation.
On January 27, 2009 the results of this independent resource calculation were announced.
3
4. A Phase 2 drill program is planned which will include detailed drilling at 100 meter centers over an
additional 650 of strike length and to a depth of 400 meters. Mineralization over this strike length has
been confirmed by trenching and sampling on the outcropping structure at 50 meter intervals returning
grades and widths comparable to those in the area of the existing resource, as well as the step out
hole at approximately the mid point of this 650 meters of strike. Phase 2 exploration will also include
preliminary testing of the additional several kilometres of length of the geological structure which hosts
the mineralization.
The Xochipala project
4
5. Oroco holds a 100% interest in two contiguous mineral concessions in Guerrero, Mexico; Celia
Generosa and Celia Gene, totaling 193 hectares and together called the Xochipala Project.
The Xochipala claims cover ground in the Guerrero Gold Belt sufficient to potentially generate
reserves greater than 1 million ounces gold in ore bodies similar to the productive high-grade ore
bodies that have been discovered in the past within the region.” (Report on the Xochipala Property
“Morelos” National Reserve District, Guerrero, Mexico, Prepared by Tawn Albinson F., M.Sc., for
Britannia Gold Corporation, 1997, the “Albinson Report”)
Oroco’s Xochipala Project is located in the southeast extreme of the original Morelos National Mining
Reserve, a 49,400 ha federal mineral reserve which includes the most promising and expanding gold
reserves in Mexico. This region encompasses a northwest trend of intrusions with associated gold
bearing iron skarn deposits and is part of a wider area which has come to be known as the Guerrero
Gold Belt (the “GGB”).
The GGB is currently the focus of aggressive exploration, delineation, development, and
mining by Canadian and Mexican majors.
Teck Cominco, Goldcorp and Grupo Mexico are exploring and delineating gold reserves in the GGB
and to date have discovered in excess of 12 million ounces of gold. Regionally, several multi million
ounce gold deposits related to skarns along the peripheries of felsic to intermediate intrusions have
recently been identified. These include the El Limon deposit as well as the Nukay and Todos Santos
deposits, and approximately two kilometres from the Xochipala Project boundary, Goldcorp’s Los
Filos-El Bermejal mine, forecast to produce 280,000 ounces of gold in 2008.
Oroco’s Celia Generosa and Celia Gene concessions contain mineralization in very well defined
structures that outcrop for over one kilometre and were the site of some of the earliest gold mining in
the region from a number of small underground workings. These concessions host intrusives of similar
age and composition and several areas of skarn mineralization with significant associated gold
assays. Past work, including exploration and artisanal mining, has focused on the high grade
showings on the properties. The exploration program at Xochipala will focus on the high grade
showings on the properties and potential for medium to lower grade deposits amenable to open pit
mining. The project area is well served by a network of local roads and the principal centers of
population are Xochipala just one kilometre from the property boundary, and the State capital of
Chilpancingo approximately 30 kilometres away by good paved road. The district is served by
hydroelectric power from the Caracol dam and water is locally available. A large trained labour pool is
locally available.
Recent Developments: OROCO REPORTS A 25.3 MILLION TONNE INDICATED RESOURCE
AND 4.69 MILLION TONNE INFERRED RESOURCE AT CERRO PRIETO
Oroco Resource Corp. reports the results of an independently calculated mineral resource estimate
based on data from the recently completed Phase 1 exploration program at the 100% owned Cerro
Prieto project in Sonora State, Mexico.
The National Instrument 43-101 compliant study concludes that work to date on the property
has outlined an indicated resource of 25,250,000 tonnes with an average grade of 0.52 g/t Au,
8.6 g/t Ag, 0.34% Pb and 1.02% Zn and, in addition, a total inferred resource of 4,690,000 tonnes
with an average grade of 0.17 g/t Au, 19.4 g.t Ag, 0.37% Pb and 1.20% Zn.
Ken Thorsen, President and CEO of Oroco, stated: quot;We are extremely excited to be releasing this
initial National Instrument 43-101 Resource Estimate on the Cerro Prieto project. It is based on a
diamond drill program of 23 holes, all of which successfully intercepted the mineralized zone (with the
exception of two which failed to reach the zone because of bad ground conditions) and included
mineralization that contributed to the resource. Also noteworthy is that the Phase 1 exploration
5
6. program included surface trenching confirming mineralization over a strike length 100% greater than
that of the drill holes incorporated in this resource estimate, as well as a successful step out drill hole
300 meters north of the resource. The deposit remains open on strike to the north and south and to
depth.
We strongly feel that drilling in a Phase 2 exploration program, expected to be completed
during 2009, has significant potential to add to the resource both on strike and down dip.”
Fundamental Considerations
A Phase 2 drill program is planned which will include detailed drilling at 100 meter centers over an
additional 650 of strike length and to a depth of 400 meters. Mineralization over this strike length has
been confirmed by trenching and sampling on the outcropping structure at 50 meter intervals returning
grades and widths comparable to those in the area of the existing resource, as well as the step out
hole at approximately the mid point of this 650 meters of strike. Phase 2 exploration will also include
preliminary testing of the additional several kilometres of length of the geological structure which hosts
the mineralization.
The value of the contained metal in the resource is over $ 1 billion, approximately 1.25 million
oz gold equivalent or 76 million oz silver equivalent.
85% is an indicated resource and will not require infill drilling.
Oroco is confident that this resource can be substantially expanded as 20% of the drilled area
remain to be included in the resource calculation.
The phase 2 drill program will start in April for completion in October.
6
7. Some highlights:
• At today’s metal prices, Oroco has $ 38 of contained metal per share in
the current resource.
• For each $ 1 market cap, Oroco has $ 250 of contained metal in the
current resource.
• For each $1 spent on exploration last year, Oroco created $ 1,000 of
contained metal in the current resource and Phase 2 is projected to have
similar results.
• Mineralization is contained in a single contiguous ore body, averaging 40
meters wide, starting at surface, with topography favourable for low cost
open pit mining.
An economic assessment is under way and is expected to be completed in the next several
weeks.
The current resource is sufficient to support a 5,000 tpd mine with a 20 year mine life and
management plans additional resource definition with the 2009 drill program sufficient to
support a 10,000 tpd operation with a 20 year mine life.
Mining and milling costs are estimated to be between $ 10 and $ 14 per tonne, and contained
metal values are of $36 per tonne at current metal prices.
Technical Considerations
GOLD SHARES LIKELY TO
OUTPERFORM THE PRICE OF GOLD!
GOLD OUTPERFORMS THE SHARE
PRICE OF GOLDCORP!
THE SHARE PRICE OF GOLDCORP
OUTPERFORMS THE PRICE OF GOLD!
7
8. TARGET $ 1,340
+70%
GOLD OUTPERFORMING
THE S&P 600 SMALL CAP
8
9. MAJORS PAID AT LEAST $ 50 PER OUNCE OF
GOLD IN THE GROUND IN THE PAST AT A
TIME WHEN THE GOLD PRICE WAS AT $ 650.
THE GOLD EQUIVALENT
RESOURCE OF 1.25 MILLION
OUNCES HAS A MARKET
CAP OF $ 3.30 PER SHARE.
THE GOLD EQUIVALENT
RESOURCE OF 1.25 MILLION
OUNCES HAD A MARKET
CAP OF $14 PER SHARE.
THE GOLD EQUIVALENT
RESOURCE OF 1.25 MILLION
OUNCES HAD A MARKET
CAP OF $0.58 PER SHARE.
Peter Zihlmann
www.pzim.ch
invest@pzim.ch
phone +41 44 268 51 10
mobile +41 79 379 51 57
9
10. www.timeless-funds.com
is a shareholder in the company and will benefit from any increase in the company’s
share price.
*******************************************************************************************************************************
Disclosure: The author has not been paid to write this article, nor has he received any other
inducement to do so.
The author is a shareholder in the company and will benefit from any increase in the
company’s share price.
Disclaimer: The author’s objective in writing this article is to invoke an interest on the part of
potential investors in this stock to the point where they are encouraged to conduct their own
further diligent research. Neither the information nor the opinions expressed should be
construed as a solicitation to buy or sell this stock. Investors are recommended to obtain the
advice of a qualified investment advisor before entering into any transactions in the stock.
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