| Risk and valuation analysis of the Penoles Project |
| Status Risk : Green exploration |
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| Title(s) of the Penoles Project |
 | Riverside Resources Inc.
Option on interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Penoles Project |
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Penoles concession are located near the village of Penoles and approximately 180 km northnortheast of the city of Durango and 50km north of the town of Rodeo in the state of Durango, Mexico.
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| History of the Penoles Project |
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The historical work recounted here mainly pertains to the exploration and mining work carried out by a few sporadic
operators up until modern times, as the area has been mined since the 1880’s and is the property where CMP began back in 1887.
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| Geology of the Penoles Project |
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Geology of the Penoles property consists of an Upper Cretaceous carbonate-siliciclastic succession which has been intruded by Tertiary diorite, granodiorite, and rhyolite porphyries.
Tertiary rhyolite tuffs cap unconformably overly the Cretaceous marine sedimentary rocks.
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