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El Capitan (Capitan Mountains)

Au
1,386.63
USD/oz
0.01
green
Data as of May 24, 2013 09:59PM UTC
Pt
1,453.50
USD/oz
0.07
green
Data as of May 24, 2013 09:59PM UTC
Ag
22.40
USD/oz
0.00
black
Data as of May 24, 2013 09:59PM UTC


Key Facts
Status: Past Producer
Type of Work: Surface
Location: New Mexico, USA
                 

Commodities: Gold, Platinum, Silver
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Latest Information
April 18, 2007
El Capitan upgraded its reosurces at El Capitan property from indicated to measured in accordance to the CIM National Instrument 43-101. The new estimate stands at 141,444,000 tonnes grading 0.62 g/t Au, 6.37g/t Ag, and 0.34g/t Pt, containing 2.7 Moz Au, 28.9 Moz Ag and 1.5 Moz Pt.
August 28, 2006
Announced plans to have at least six holes drilled in the anomalies located to the East and West of the El Capitan property.
July 18, 2006
Provided detailed topographical information on its property. The topographic map shows the area of the approximately 10,000 acres (16 square miles) claimed by the company. Within the claimed area is the El Capitan property (less than 200 acres) and three anomalies indicated by a hyperspectral survey. The company's consulting geologist, collected 38 surface samples from 24 hyperspectral anomaly areas; these samples were analyzed by fusion assays. The assays showed that mineralization of a similar type and grade to the El Capitan deposit occurs at three locations. Advanced exploration has been recommended on a three-square-mile area encompassing the property as well as anomalies 1 and 2. The company's assay laboratory is in the process of finishing assays on the last 7,500 ft of drilling to determine total estimated tonnage in the El Capitan property 3 phase drilling project.

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