Risk and valuation analysis of the Cusi Project |
Status Risk : Green exploration |
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Location of the Cusi Project |
San Miguel is currently comprised of 16 concessions covering an estimated 6 kms strike of silver and gold mineralization
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History of the Cusi Project |
The San Luis mine is the site of a bonanza-grade, gold-rich breccia body that was mined to the inclined depth of 815 feet by the Alaska-Juneau Mining Company from 1958 to1963. Company reports from the period indicate that the gold mineralization continues at depth and that high-grade blocks of ore likely remain intact. The mine was flooded by groundwater in 1963 and has not been worked since.
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