CABORCA

Ag
19.64
USD/oz
-0.03
red
Data as of Apr 18, 2014 09:55PM UTC
Au
1,295.48
USD/oz
-0.01
red
Data as of Apr 17, 2014 10:14PM UTC
Cu
3.01
USD/lb
0.47
green
Data as of Apr 17, 2014 12:00AM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Sonora, Mexico
                 25 km of CABORCA

Commodities: Silver, Gold, Copper
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Latest Information
September 30, 2008
Reported that it has decided not to pursue this property.
August 28, 2008
Reported that drill testing of the anomalies was unsuccessful in locating porphyry copper-gold mineralization. Plans are being made to reduce or eliminate the large concession of the joint venture.
April 8, 2008
Reported that a total of twenty eight reverse circulation drill holes were completed that tested four target areas and included sections below the contact with overlying andesitic volcanic layer. The best result, from the Coronela-showings area, was 3.1 meters of 2.3 g/t gold. A number of holes returned broad sections of low gold grades, but only three of the holes returned +1 g/t results. The company considers these results below its current threshold to move the project to a more advanced stage of testing at this time. There is scope for more work at Daniel, including initial drill testing of mineralized zones and targeting programs over the northern extension of the system that was staked by the company in late 2007, and the concessions will be maintained in good standing for possible future programs or joint venture.

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