| Risk and valuation analysis of the EL PILAR Project |
| Status Risk : Feasibility |
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| Title(s) of the EL PILAR Project |
 | Stingray Copper Inc.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Stingray completed the purchase of 100% of Noranda Exploracion Mexico S.A. de C.V. in April of 2007 and changed the name of this subsidiary to Recursos Stingray de Cobre S.A. de C.V. [“Stingray de Cobre”]
The El Pilar property is 100% owned by Stingray de Cobre |
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| Location of the EL PILAR Project |
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El Pilar is located in the Sonora-Arizona porphyry copper belt, which hosts the second largest concentration of copper deposits in the world.
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| History of the EL PILAR Project |
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The property was initially staked in 1992 for a porphyry copper deposit but an exploration drill hole in 1998 encountered significant copper oxide mineralization hosted by Tertiary conglomerate. Copper mineralization on the property comprises numerou more...
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| Geology of the EL PILAR Project |
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The geology of the El Pilar property consists of Precambrian intrusive rocks overlain by Paleozoic sedimentary rocks. These units are overlain by Tertiary sedimentary rocks. Intrusives of granitic to monzonitic composition with some pegmatitic and aplitic facies intrude all the older units. Tertiary conglomerate and Quaternary sediments cover the flanks of the ranges and
the intervening valleys.
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