Santa Marta Project
Santa Marta
Country Mexico 
Province Oaxaca
Status GREEN EXPLORATION 
Surface 7 km² / 1,806 acres
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces
Develops
Explores for Copper - Gold -
Last updated on 3/15/2015 - Terms of Use
Risk and valuation analysis of the Santa Marta Project
Status Risk : Green exploration
Country Risk : Light
Title(s) of the Santa Marta Project
Minaurum Gold
Option: 100%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Minaurum Gold Inc. and Minera Zalamera S.A. de C.V. (David Jones) : the company will acquire a 100-per-cent interest in the Santa Marta copper-gold project, comprising approximately 7,100 hectares, located in Oaxaca state, Mexico. Total consideration consists of $150,000 in cash payments, 1,075,000 shares of the company and $2.5-million in work expenditures as follows:
Lowell Copper
Option on interest: 70%
Company ProfileAll Projects
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
The project is under option to Lowell Copper (JDL:TSX.V) to acquire up to 70% interest with exploration expenditures of $6 million over 3 years and completion of a prefeasibility study in 5 years.
Location of the Santa Marta Project
The Project concession block covers 7,100 ha and lies approximately 2 hours driving time from the port of Salina Cruz
 
History of the Santa Marta Project
A small open pit on the property (the Santa Marta mine) was active during the late 1960s and produced an estimated 50,000-70,000 tons
 
Data last updated on : 11/5/2010
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.
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