Picachos Project
Picachos
Country Mexico 
Province Durango
Close to Durango
Status GREEN EXPLORATION 
Surface 77 km² / 19,027 acres
Latitude / Longitude 23 N 43 / 105 W 50
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Produces
Develops
Explores for Gold - Silver -
Last updated on 12/17/2010 - Terms of Use
Risk and valuation analysis of the Picachos Project
Status Risk : Green exploration
Country Risk : Light
Title(s) of the Picachos Project
NWT Uranium Corporation
Option: 70%
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NWT has an option to earn a 70% interest in Picachos from Yamana Gold.
Location of the Picachos Project
The Picachos project area consists of a total of approximately 19,000 acres (7,700 hectares). The area includes the Picachos claim with 10,370 acres (4,200 hectares), the Camargo claim at 6,350 acres (2,570 hectares) and Camargo-2 with 2,390 acres (970 hectares).
 
History of the Picachos Project
A Conceptual Study of the Picachos silver-gold area conducted by Watts, Griffis and McOuat (WGM) in 2004 reported that the eastern portion of the Picachos claim hosts a major north-northwest trending shear zone measuring at least 2.5 miles (four kilo more...
 
Geology of the Picachos Project
Most of the regional deposits and mineralization on the property are hosted within a Late Eocene volcanic complex, specifically within caldera structures. Mineralization is of the low sulphidation epithermal type occurring in structurally controlled  more...
 
Location
Data last updated on : 12/10/2007
Disclaimer
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.