Risk and valuation analysis of the LA BALSA Project |
Status Risk : Feasibility |
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Location of the LA BALSA Project |
LA BALSA is located in the State of Michoacan, Mexico. The property encompasses over 20 square kilometres of mineral concessions located 14 kilometres inland from the industrial port city of Lazaro Cardenas.
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History of the LA BALSA Project |
The La Balsa project has been under exploration since the 1950s when Asarco owned the claims. In 2008, by way of a business combination, the La Balsa copper project was acquired by Bell Copper Corporation.
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Geology of the LA BALSA Project |
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The La Balsa Ridge forms a prominent east-northeast-trending topographic feature that represents a prominent structural grain in the district locally marked by silicification and potassic alteration related to the copper mineralization.
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