Santa Monica Project |
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Santa Monica |
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Country |
Mexico
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Province |
Durango |
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Close to |
Durango |
Status |
GREEN EXPLORATION
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Mining Trend |
Durango |
Surface |
173 km² / 42,711 acres |
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Latitude / Longitude |
24 N 30 / 104 W 19 |
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Legends
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Explores for
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Gold - Silver -
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Risk and valuation analysis of the Santa Monica Project |
Status Risk : Green exploration |
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Title(s) of the Santa Monica Project |
| Goldcorp Inc. Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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In 2003, Orko optioned the Santa Monica Property, located in Durango State, Mexico. Terms of the joint venture includes issuance of 100,000 Orko shares and expending $US 1.5 Million over six years, to earn 75%. Goldcorp (Luismin) has an “earn back” provision. |
| Orko Silver Corporation Interest: 75% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Orko is earning a 75% interest in the adjacent Santa Monica Project from Goldcorp, Inc. (NYSE: GG) by expending $US 1.5 Million on exploration. |
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Location of the Santa Monica Project |
Santa Monica is adjacent to the La Preciosa project optioned by Orko from GoldCorp Inc. The Santa Monica Property covers over 17,285 hectares and is located approximately one hour and a half away by paved road from the City of Durango, in Durango State, Mexico. Currently, Geophysical Surveys are underway which began on March 18, 2007.
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Data last updated on : 12/31/2006
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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