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Last updated on 6/18/2010 - Terms of Use
Risk and valuation analysis of the JOSEMARIA Project
Status Risk : Advanced discovery
Country Risk : Moderate
    Link to technical report
Title(s) of the JOSEMARIA Project
Canadian Gold Hunter Corp
Interest: 100%
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The Company holds a 100% interest. Japan Oil, Gas and Metals National Corporation ("JOGMEC") has an option to acquire a 40% interest by making a total of $6 million in exploration expenditures over a period of three years.
Suramina Resources
Owner: 100%
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Suramina Resources, through it's wholly-owned Argentine subsidiary, Desarrollo de Prospectos Mineros S.A. (Deprominsa), have the option to obtain 100% ownership of the property through payments totaling US$790,000 between 2003 and 2009. A final payment of US$2,000,000 will occur within 6 months following the second complete year of mine operations.
Location of the JOSEMARIA Project
The Josemaria Project is located near the northern limits of Iglesia Department in northern San Juan Province, northwest Argentina, at elevations ranging from 3,900 to 4,700 metres above sea level.
History of the JOSEMARIA Project
Josemaría is situated on the eastern flank of the Andes Mountains within the Frontal Cordillera structural province and at the southern tip of the Central Volcanic Zone. This places Josemaría within the Pampean Flat-Slab Subduction segment (Ramos et  more...
Geology of the JOSEMARIA Project
The oldest known rocks in the Josemaría area outcrop in the north and west and are medium grained granites and granodiorites believed to correspond to the Permian-Triassic Carnerito Formation of the Choiyoi Group. In the central zone area are porphyr more...
Data last updated on : 12/31/2007
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