| Risk and valuation analysis of the Nieves Project |
| Status Risk : Advanced discovery |
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| Title(s) of the Nieves Project |
 | Quaterra Resources Inc.
Joint venture: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Quaterra has an equal partner, Blackberry Ventures 1, LLC |
 | Private Company
Joint venture: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Nieves Project |
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The Nieves Property is located in Zacatecas State, Mexico, approximately 150 km northwest of the state capital of Zacatecas and 90 km north of Fresnillo, Mexico’s
largest silver mine.
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| History of the Nieves Project |
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The first discovery on the area covered by the Nieves Property was the Santa Rita Vein in 1560 by Spanish explorers (Turner, 1999; Cavey, 1999). Soon after in 1574 the Concordia vein was discovered. The Santa Rita and Concordia-San Gregorio-Dolores veins were the focus of mining by the Spanish and Mexican miners until 1880.
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| Geology of the Nieves Project |
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The project occurs within a northwest trending mineral belt known as the Faja de Plata, or Silver Belt, which hosts many of the world's premier silver deposits. Quaterra's land block consists of 15 concessions covering an area of more than 18 square miles and has good road access and excellent regional and local infrastructure.
The Nieves property hosts at least three steep
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