Risk and valuation analysis of the La Preciosa Project |
Status Risk : Feasibility |
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Title(s) of the La Preciosa Project |
| Orko Silver Corporation Joint venture: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Orko Gold Corporation entered into an option agreement in late 2003 with two
companies under the direction of Luismin S.A. de C.V., now a part of Goldcorp Inc., to
acquire an interest in the LA PRECIOSA silver-gold prospect. A news release, dated 4 more... |
| Pan American Silver Corp. Joint venture: 55% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Pan American has a joint venture with junior Orko Silver, in which the larger company agreed to fund the construction of the mine and contribute its expertise, in exchange for a 55% interest in the project. |
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Location of the La Preciosa Project |
La Preciosa property is located in Durango State, 47 km northeast of the city of Durango
(Figure 1). It consists of a block of mineral exploitation concessions covering nearly
18,420 hectares located southeast of the village of Francisco Javier Mina, northwest of
the village of Francisco I. Madero and east of the village of Ricardo Flores Magon.
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History of the La Preciosa Project |
Initial discovery of mineralization may date back to the time of the Conquistadors. A coin
dated 1736 was found in one of the nearby streams. Early miners, operating in the era of
Porfirio Diaz (1876-1911), concentrated mainly on small-scale mining more...
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Geology of the La Preciosa Project |
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La Preciosa property covers Tertiary aged gold and silver bearing epithermal quartz
veins, with barite and lesser quantities of base metals, primarily zinc and lead. There are
two major vein and vein-breccia systems exposed on a series of hills and more...
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