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Boleo Project
Boleo
Country Mexico 
Province Baja california sur
Close to Santa rosalia
Status FEASIBILITY 
Surface 67 km² / 16,536 acres
Latitude / Longitude 27 N 19 / 112 W 17
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces
Develops Cobalt - Copper - Manganese - Zinc -
Explores for
Risk and valuation analysis of the Boleo Project
Status Risk : Feasibility
Country Risk : Light
Resource Risk : 20.00%
    Link to technical report
Title(s) of the Boleo Project
Baja Mining Corp
Interest: 70%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
The mineral concessions covering El Boleo copper-cobalt-zinc manganese deposit are 100% owned by Minera y Metalúrgica del Boleo S.A. de C.V. (MMB), a Mexican company involved in mineral exploration and development and a wholly owned subsidiary of Baja Mining Corp, who recently listed on the Toronto Stock Exchange (TSX).
Location of the Boleo Project
The Boleo Project is located on tidewater on the east coast of the Baja Peninsula near Santa Rosalia, Baja Sur, Mexico.
 
History of the Boleo Project
Late 1800’s: discovered by local ranchers. 1884-1934: the French mined & smelted 14 million tonnes of copper ore grading 5%. 1935-1984: sporadic and uneconomic production attempts. 1992: staked by current management. Mid 1990’s: optioned to International Curator; Curator spent $23 million in exploration & technical development. 2001: reverted back to current management.
 
Geology of the Boleo Project
The deposit, which occurs in the Boleo Formation, comprises seven mineralized units called “Mantos” (manto is a Spanish term used in mining parlance for a generally mineralized layer or stratum). The mineralized mantos dip gently to the east but faulting, which is common throughout the project area, produces a step-like pattern in the present position of the mantos.
 
Reserves and resources of the Boleo Project
TonnageGradeReserves and resources
ZincCopperManganeseCobaltZincCopperManganeseCobalt
%%%%lbslbslbslbs
 Inferred159,900,0000.700.472.930.042 467 634 0591 656 840 03510 328 811 542 141 007 660
 Total 159 900 0002 467 634 0591 656 840 03510 328 811 542 141 007 660
Definitions
Reserves and resources of the Boleo Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Copper1 656 840 035 1 656 840 035lbs5 456 802 655 US$
 Zinc2 467 634 059 2 467 634 059lbs1 828 270 074 US$
 Manganese10 328 811 542 10 328 811 542lbs US$
 Cobalt 141 007 660 141 007 660lbs US$
Production Objectives
Metal201320142015201620172018201920202021
COBALT (lbs)330,000330,000330,000330,000330,000330,000330,000330,000330,000
COPPER (lbs)120,000,000120,000,000120,000,000120,000,000120,000,000120,000,000120,000,000120,000,000120,000,000
ZINC (lbs)45,000,00045,000,00045,000,00045,000,00045,000,00045,000,00045,000,00045,000,00045,000,000
Exploration and drilling
5/13/2013Boleo Project Receives Further Funding and Baja Mining Inter...
5/13/2013Boleo Project Receives Further Funding and Baja Mining Inter...
4/29/2013Interest in Boleo Project Reduced to 20.9 Percent
11/16/2012[Baja Mining Corp.] Reports Fatality at Boleo Project
11/2/2012[Baja Mining Corp.] Announces Additional Funding For Boleo P...
10/19/2012[Baja Mining Corp.] Reports No Damages to Boleo Project Due ...
10/15/2012Announces Further Funding for Boleo Project
10/5/2012[Baja Mining Corp.] Announces Additional Funding Provided fo...
1/18/2012Announces Further Draw of US$ 100 Million of Senior Debt for...
1/3/2012[Baja Mining Corp.] Provides Update on Governance and Boleo ...
1/3/2012Provides Update on Governance and Boleo Project
10/19/2011Announces First Draw of US$123.5 Million of Senior Debt for ...
8/4/2011provides Project Update at Boleo
6/16/2011.: Secretary of Economy of Mexico Lays First Stone at Minera...
12/20/2010Closes Copper Hedging For Boleo Project
11/23/2010[Baja Mining Corp.]Fully Funded for Boleo Construction - Pro...
9/29/2010[Baja Mining Corp.] Signs US$ 858 Million of Financing Facil...
6/7/2010Announces Letter of Intent With Louis Dreyfus and Reports on...
1/15/2010Confirms Robust Economics at Boleo
10/29/2009Provides Project Update
6/17/2009Achieves Key Milestone in Development of Manganese Metal Pro...
5/15/2009Selects ICA Fluor as EPCM Contractor & Restarts Boleo Engine...
2/5/2009Provides Project and Company Update
4/18/2008Welcomes Kores as Development Partner at El Boleo
8/21/2007Receives Essential Land Use Permits
1/9/2007El Boleo Definitive Feasibility Schedule and Construction Fi...
7/21/2006Announces Successful Test Mining Results on its El Boleo Pro...
Location
Data last updated on : 1/15/2010
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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources