Risk and valuation analysis of the La India Project |
Status Risk : Advanced discovery |
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Title(s) of the La India Project |
![](http://www.24hgold.com/24hpmdata/pub/grayd.gif) | Grayd Resource Corp Option on interest: 100% |
![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company Profile Company Profile](http://www.24hgold.com/style/all/img/bouton/website.png) | ![All Projects All Projects](http://www.24hgold.com/style/all/img/bouton/website.png) | ![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company project page](http://www.24hgold.com/style/all/img/bouton/website.png) |
Title | Company Profile | All Projects | Company website | Company project page |
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The claims are currently controlled by Resource Grayd de Mexico SA de CV (Grayd) by means of six separate agreements whereby Grayd can earn a 100% interest by making cash and share payments. The claims are all subject to 1-3% royalties but these can be bought back to 0.5- 1%. |
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Location of the La India Project |
The La India project is located in the Mulatos District, Sonora State, Mexico approximately 220 kilometres southeast of the city of Hermosillo.
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Geology of the La India Project |
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The La India property is located in the northern portion of the Sierra Madre Occidental physiographic province of Northern, Mexico, a 1200 by 300 km northwest trending belt of Tertiary volcanic rocks. The northern Sierra Madre Occidental hosts some of the largest gold deposits in Mexico, including the 3 million ounce Mulatos deposit and the 2.5 million ounce Dolores deposit.
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