Risk and valuation analysis of the CABORCA Project |
Status Risk : Green exploration |
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Title(s) of the CABORCA Project |
| Pediment Gold Corp. Option: 70% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Pediment has granted Inmet an option to earn up to 70% of the Caborca copper project in return for payments of $250,000 and exploration expenditures of $5,000,000 over four years. |
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Location of the CABORCA Project |
The 14,000 hectare Caborca project is located south of the town of Caborca.
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Geology of the CABORCA Project |
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The project consists of three separate concession areas and the surface mineralization consists of copper oxides, plus varying amounts of gold and silver. Preliminary metallurgical testing of oxidized material indicates good copper recovery by sulfuric acid leaching, and good recovery of gold using a secondary cyanide leaching cycle of the same sample from the Lista Blanca copper zone.
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