| Risk and valuation analysis of the Corralitos Project |
| Status Risk : Green exploration |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Title(s) of the Corralitos Project |
 | First Point Minerals Corp
Option on interest: 100% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| First Point can earn a 100% interest in the property by spending US$2 million on exploration over 5 years and issuing 500,000 First Point shares. |
|
|
|
| Location of the Corralitos Project |
|
Corralitos is located 80 kilometers northeast of Nuevo Casas Grandes, Chihuahua State, Mexico. Road access is excellent and area of the property concession is 5,035 hectares.
|
| |
| History of the Corralitos Project |
|
1750 - gold discovered by the Spanish
1847-1878 - bonanza gold mining operated by Cia Minera Corralitos
1898-1910 - mining by the Candelaria Mining Co.
1947- 1953 - mining by Cia Minas de Durango
1993-1994 - Compañia Fresnillo, SA de CV, grid more...
|
| |
| Geology of the Corralitos Project |
|
|
Platform Mesozoic massive limestones and sediments are overlain by andesitic and felsic Tertiary volcanics and intruded by feldspar porphyries and diorite intrusions. Gold, silver, zinc and lead mineralization occur in silicified zones, veins and manto-chimneys within broader zones of skarn, hornfels and pervasive sericite alteration. Corralitos is a carbonate hosted Au-Ag-Pb-Zn property.
|
| |
|
|
