| Las Margaritas Project |
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Las Margaritas |
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Country |
Mexico
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Province |
Oaxaca |
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Status |
GREEN EXPLORATION
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Latitude / Longitude |
29 N 11 / 106 W 04 |
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Legends
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| Risk and valuation analysis of the Las Margaritas Project |
| Status Risk : Green exploration |
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| Title(s) of the Las Margaritas Project |
 | Gold Resource Corporation
Interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Las Margaritas Project |
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Las Margaritas Project comprises the four northwest kilometers of the important N 70 W structural corridor, which is an extension of the El Aguila system. In addition, Las Margaritas occupies ground within an inferred caldera (collapsed volcanic center)
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| History of the Las Margaritas Project |
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Historical records from a 1905 Mexican Government-authorized report titled The Mines of Mexico described the Las Margaritas mining district as, "...the place in which has been found some of the richest ores in Mexico, some of the ores having reached the value of 18,000 ounces to the ton, and ores are frequently found which assay 4,000 and 5,000 ounces to the ton.
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| Geology of the Las Margaritas Project |
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Though mineralization at these levels is rare, the important point is that the Las Margaritas property shows indications of potentially significant silver mineralization. Surface samples taken by GRC have yielded silver mineralization as high as 1,200 g/t
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Data last updated on : 11/28/2008
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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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