| PROMOTORIO DURANGO Project |
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PROMOTORIO DURANGO |
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Country |
Mexico
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Province |
Durango |
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Close to |
El oro |
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Status |
BROWN EXPLORATION
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Surface |
21 km² / 5,174 acres |
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Latitude / Longitude |
25 N 13 / 105 W 7 |
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Legends
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Explores for
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Gold - Silver -
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| Risk and valuation analysis of the PROMOTORIO DURANGO Project |
| Status Risk : Brown exploration |
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| Title(s) of the PROMOTORIO DURANGO Project |
 | Mega Precious Metals
Option on interest: 70% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Mega Silver holds an option to acquire up to 70% of the Silverstone Resources Corp. (“Silverstone”) interest in the Promontorio Property. The Promontorio Property is 100% owned by Grupo Minero Bacis, S.A. de C.V. (Bacis) with Silverstone holding an option to earn a 90% interest in the property subject to a 1.5% Bacis net smelter return (“NSR”), or 100% interest subject to a Bacis 3.0% NSR. |
 | Silver Wheaton
Option on interest: 20% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The Promontorio Property is 100% owned by Grupo Minero Bacis, S.A. de C.V. (Bacis) with Silverstone holding an option to earn a 90% interest in the property subject to a 1.5% Bacis net smelter return (“NSR”), or 100% interest subject to a Bacis 3.0% NSR. |
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| Location of the PROMOTORIO DURANGO Project |
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The Promontorio Property consists of 33 concessions which cover approximately 2,094 hectares in the El Oro Municipality, Promontorio district in Durango State, Mexico.
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| History of the PROMOTORIO DURANGO Project |
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The CRM (1993) reported that from December 5th 1896 to August 18th 1906 the Promontorio mine
produced 170,689 kilograms of silver and 476 kilograms of gold which made the mine one of the
significant producers of silver in Mexico. The only two veins more...
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| Production history |
| Metal | historical |
| GOLD (oz) | 15,303 |
| SILVER (oz) | 5,487,778 |
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| Discoveries and Drilling Results | |
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Data last updated on : 12/31/1994
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Disclaimer
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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.
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