| La Bandera Mexico Project |
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La Bandera Mexico |
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Country |
Mexico
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Province |
Durango |
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Status |
BROWN EXPLORATION
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Surface |
130 km² / 32,086 acres |
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Legends
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| Risk and valuation analysis of the La Bandera Mexico Project |
| Status Risk : Brown exploration |
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| Title(s) of the La Bandera Mexico Project |
 | Aurion Resources Limited
Option on interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Aurion, can earn an undivided 100% beneficial interest in the La Bandera Property from La Cuesta International S.A de C.V by making minimum option payments starting at US$5,000 (or the equivalent of 2% of gross exploration expenditures during the sam more... |
 | Aurico Gold Inc.
Option on interest: 70% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Aurion Resources L has signed a binding Letter of Intent (LOI) with Gammon Gold Inc ("Gammon") giving Gammon the option to earn up to a 70% interest in Aurion's 100% owned La Bandera gold project in Durango, Mexico. |
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| Location of the La Bandera Mexico Project |
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The 12,985 hectare La Bandera project is a low-sulphidation, epithermal gold-silver system located approximately 120 km north-northwest of Durango City
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| History of the La Bandera Mexico Project |
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La Bandera was discovered in 2005 by prospectors Bud Hillemeyer and Perry Durning, working for Silver Standard, but has seen limited exploration since. Silver Standard and partner Newmont briefly explored a 5 km length of the system in the southeastern portion of the property before returning it to the vendors
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Data last updated on : 12/26/2010
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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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