The Project CUANCE / LOS HOJANCHOS is in EARLY DISCOVERY stage. Mining Property in DOMINICAN REPUBLIC : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Cuance / Los Hojanchos Project

Cuance / Los Hojanchos

Country

Dominican Republic

Status

EARLY DISCOVERY

Surface

43 km² / 10,724 acres

Legends


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Produces

Develops

Explores for

Copper - Gold - Silver - Zinc -

Last updated on 2/24/2010 - Terms of Use

Risk and valuation analysis of the Cuance / Los Hojanchos Project

Status Risk : Early discovery

Country Risk : Important

Title(s) of the Cuance / Los Hojanchos Project

Everton Resources Inc
Interest: 50%


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After the completion of this drill program, the Company will have earned a 50% interest in the Cuance and Los Hojanchos concessions from GlobeStar Mining.

Globestar Mining Corporation


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Exploration is funded by GlobeStar’s joint venture partner, Everton Resources Inc., which will earn an interest of 50% on expenditure of $1.17 million by July 31 2009. Everton may earn an additional 20% by funding a feasibility study to bring the project into production. GlobeStar is the operator of the Cuance-Los Hojanchos joint venture.

Location of the Cuance / Los Hojanchos Project
The Cuance and adjacent Los Hojanchos Concessions lie 25 kilometers east of the town of Maimón, and about 10 kilometers southeast of the Cerro de Maimón copper/gold mine. Both concessions are accessible by secondary roads from the Santo Domingo-Monte Cristi highway.

History of the Cuance / Los Hojanchos Project
Two previous drilling programs in 1999 and 2004 targeted geophysical anomalies identified from ground induced polarization and resistivity surveys across the northern part of the Los Hojanchos Concession. Short intervals of copper mineralization were more...

Geology of the Cuance / Los Hojanchos Project
The Cuance and Los Hojanchos Concessions properties lie at the western margin of the Los Ranchos Formation, part of the Early Cretaceous Caribbean volcanic island arc sequence which has been overthrust by volcanic units of the Maimón Formation. The m more...

Exploration and drilling

4/29/2008	(Everton Res.)AND GLOBESTAR: EXPLORATION UPDATE ON NEW MINERALIZED ZONE
3/3/2008	(Everton Res.)and GlobeStar Drill New Mineralized Zone at Cuance ...
12/4/2007	(Everton Res.)And GlobeStar Trench up to 22m Grading 1.07 g/t Au on the Cu...
8/28/2006	(Globestar Mining)Starts Drilling at the Cuance Massive Sulphide Target, Cerro...

Data last updated on : 1/9/2008

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.