| Risk and valuation analysis of the Minitas / La Cobriza Project |
| Status Risk : Past producer |
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| Title(s) of the Minitas / La Cobriza Project |
 | Hellix Ventures Inc.
Option: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Hellix Ventures Inc. has an option to acquire a three contiguous exploitation 120 hectare concession
area designated as the Cobriza property (the “Property”). CMSM (Compania Mina de la Sierra Madre
CV) – a wholly owned Mexican subsidiary of Hellix Ventures Inc. has an option to purchase
agreement with Ricardo Montano, the owner of the three concessions, subject to |
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| Location of the Minitas / La Cobriza Project |
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The Minitas concessions are located just over the Sinaloa border in Durango State. They are approximately 125 kilometers northeast of Mazatlan, accessed only by a 45 minute flight to Tayoltita.
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| Geology of the Minitas / La Cobriza Project |
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The San Dimas area is located in the central Sierra Madre. This consists of volcanic rocks from two volcanic episodes. The first is termed the LVG (lower volcanic group) and was formed some 100 to 45 million years ago. This group contains the productive veins hosted within rhyolites, andesites and also granodiorites.
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