El Rayo Project
El Rayo
Country Mexico 
Province Jalisco
Status ADVANCED DISCOVERY 
Surface 100 km² / 24,799 acres
Legends
Valorisation
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Produces
Develops
Explores for Gold - Lead - Silver -
Last updated on 11/16/2010 - Terms of Use
Risk and valuation analysis of the El Rayo Project
Status Risk : Advanced discovery
Country Risk : Light
Title(s) of the El Rayo Project
Soltoro Ltd.
Interest: 100%
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Location of the El Rayo Project
The El Rayo concessions are located surrounding to the town of Guachinango in the west-central state of Jalisco, Mexico. At one time Guachinango was the state capital of Jalisco and the town was built up around the mining district. Local Infrastructure and access to the property are excellent as it sits just off a main highway and the main paved road to Guachinango crosses the property.
 
History of the El Rayo Project
Silver mining has taken place in the Guachinango area since 1545 with the bulk of materials mined in the early 1900's and briefly during WW 2 for lead. A total of 14 underground mines have been identified to date. The Mina Catarina is the largest of  more...
 
Geology of the El Rayo Project
The property is located at the western end of the Trans Mexican Volcanic Belt (TMVB) in central Jalisco state. A package of rhyolites and andesites are exposed on the property and have been intruded by a multi-phase intrusive complex ranging from di more...
 
Exploration and drilling
1/12/2015Identifies Additional Gold Zone at the El Rayo Project
7/24/2013Discovers Talayote Gold Zone With Up to 11.4 gpt Gold at the...
5/8/2013Discovers New Mineralized Silver Area on the El Rayo Project
12/3/2012Resumes Drilling at the El Rayo Primary Silver Project in Ja...
1/21/2011Resumes Drilling at El Rayo Primary Silver Project in Mexico
12/16/2010Contracts Scott Wilson Roscoe Postle Associates Inc. to Prov...
9/10/2010Drilling Returns 172.5 Metres of 46 gpt Silver at El Rayo Pr...
8/19/2010Drills 61.5 Metres of 106 gpt Silver on Step Out Hole at Las...
4/20/2010Completes Shallow Hole Drilling
3/8/2010Drilling Returns 37.5 Metres of 2.72 gpt Gold & 10.5 Metres ...
12/10/2009Resource drilling returns 124.5 metres of 60 gpt silver incl...
12/2/2009Drilling adds 50 metre depth to oxide gold zone and returns ...
11/18/2009Drilling adds 50 metre depth to oxide silver zone and return...
11/4/2009Trenching Program at El Rayo
10/15/2009Drills Deep Hole in Silver Zone and is Set to Drill Gold Zon...
6/22/2009advances Gold potential at El Rayo Project
11/25/2008Intercepts an Average Grade of 119 gpt Silver Over 13 Metres...
Discoveries and Drilling Results
5/30/2011Adds Second Drill and Intercepts 4.4 Metres of Silver Bearin...
4/20/2011Drills 7 Metres of 1 Kilogram Silver & 6.9 Metres of 527 GPT...
4/11/2011Trenching Returns 19.5 Metres of 194 gpt Silver at El Rayo P...
3/31/2011Drilling Returns 160 Metres of 47 gpt Silver at El Rayo Prim...
2/14/2011Drilling Confirms Mineralization Extends to Surface in Main ...
10/4/2010Drilling Returns 172.5 Metres of 46 gpt Silver at El Rayo Pr...
9/24/2010Step-Out Drilling Returns 259.7 Metres of 49.8 gpt Silver In...
9/1/2009ANNOUNCES RESOURCE DRILL PROGRAM AT EL RAYO
Data last updated on : 11/27/2009
Disclaimer
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.