| Chapalota property Project |
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Chapalota property |
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Country |
Mexico
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Province |
Sinaloa |
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Close to |
Mazatlan |
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Status |
GREEN EXPLORATION
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Surface |
90 km² / 22,239 acres |
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Latitude / Longitude |
23 N 59 / 106 W 11 |
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Legends
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Explores for
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Copper - Gold - Molybdenum - Silver -
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| Risk and valuation analysis of the Chapalota property Project |
| Status Risk : Green exploration |
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| Title(s) of the Chapalota property Project |
 | Arcus Development Group Inc.
Option on interest: 51% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Arcus can acquire a 51% interest in the Chapalota property by making $300,000 in cash payments, issuing 350,000 Arcus shares and incur exploration expenditures of $4,000,000 prior to September 12, 2012. |
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| Location of the Chapalota property Project |
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The Chapalota project is approximately 90 sq. km and is located approximately 50 km northeast of the city of Mazatlan in south-central State of Sinaloa, Mexico.
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| History of the Chapalota property Project |
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The property was staked by our partner Riverside Resources in 2007 based on both its proprietary database and the historic anomalies known within the area.
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| Geology of the Chapalota property Project |
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The property has significant potential to host auriferous quartz veins that could represent exploitable deposits of economic merit, as well as prospective base metal mineralization. It was staked by our partner Riverside Resources in 2007 based on both its proprietary database and the historic anomalies known within the area.
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Data last updated on : 7/27/2009
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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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