Adelita Project
Adelita
Country Mexico 
Province Sonora
Status GREEN EXPLORATION 
Surface 12 km² / 3,020 acres
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Valorisation
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Produces
Develops
Explores for Gold - Silver -
Last updated on 2/12/2015 - Terms of Use
Risk and valuation analysis of the Adelita Project
Status Risk : Green exploration
Country Risk : Light
Title(s) of the Adelita Project
Minaurum Gold
Option: 100%
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Minaurum can acquire a 100% interest in the Project by making staged payments totaling 925,000 common shares and US$540,000
Ocean Park Ventures Corp.
Option on interest: 51%
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Ocean Park can earn a 51% interest in the Adelita project by incurring cumulative expenditures of US$1,425,000, Ocean Park issuing common shares and cash payments to Minaurum by December 31, 2012. They can earn up to a 75% interest in the Adelita Project by completing and funding a feasibility study
Location of the Adelita Project
The Adelita project lies 46 km southeast of the town of Álamos, in Álamos Municipality, in the southern part of the state of Sonora.
 
History of the Adelita Project
In 1998, Minera Cortez Resources Ltd. Conducted a mapping and sampling program on the Adelita prospect
 
Geology of the Adelita Project
Late Cretaceous - Early Tertiary granodioritic batholithic rocks intrude roof pendants of Jurassic to Cretaceous metavolcanic and metasedimentary rocks. The metasedimentary rocks include calcareous siltstone and limestone (marble). Later intrusive ro more...
 
Data last updated on : 11/5/2010
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