The Project SANTA MARTA is in GREEN EXPLORATION stage. Mining Property in MEXICO Province of OAXACA : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Legends
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	Exploration
	Past producer
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Santa Marta Project

Santa Marta

Country

Mexico

Province

Oaxaca

Status

GREEN EXPLORATION

Surface

7 km² / 1,806 acres

Legends


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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%


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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%


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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

Title / Ownership

9/10/2015

Regains Control of Santa Marta VMS Project

Exploration and drilling

6/19/2013	Receives Report from Dr. James Franklin on the Santa Marta V...
12/3/2010	plans VTEM surveys at six properties in Mexico
11/3/2010	Options the Santa Marta copper-gold project
10/13/2010	Minaurum Announces Acquisition of Santa Marta Copper-Gold-Si...

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.