| Risk and valuation analysis of the Boleo Project |
| Status Risk : Feasibility |
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| Title(s) of the Boleo Project |
 | Baja Mining Corp
Interest: 70% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| 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). |
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| Location of the Boleo Project |
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The Boleo Project is located on tidewater on the east coast of the Baja Peninsula near Santa Rosalia, Baja Sur, Mexico.
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| History of the Boleo Project |
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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.
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| Geology of the Boleo Project |
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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.
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