Escondida Ecuador Project
Escondida Ecuador
Country Ecuador 
Status GREEN EXPLORATION 
Surface 841 km² / 207,836 acres
Latitude / Longitude 3 S 22 / 78 W 15
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Last updated on 3/28/2010 - Terms of Use
Risk and valuation analysis of the Escondida Ecuador Project
Status Risk : Green exploration
Country Risk : Very High
Title(s) of the Escondida Ecuador Project
Plexmar Resources Inc.
Owner: 100%
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Plexmar acquired in November 2006 100% of the mining rights of the concessions forming part of the Escondida project.
Escondoro Resources Ltd.
Option on interest: 60%
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Escondoro was granted on Sept 2007 by Plexmar Res. the exclusive option to acquire up to an undivided 60% interest in the Escondida Project.
Location of the Escondida Ecuador Project
The Escondida project represents one of the largest land positions in the Cordillera del Condor near Aurelian Resources’ Fruta del Norte gold discovery. The project covers 84,110 hectares (841.1 km2) and borders Aurelian’s large land package on the western flank and north of Corriente Mirador project.
 
History of the Escondida Ecuador Project
The mineral wealth of the Cordillera del Condor region has been untapped since 1980, following the succession of events recounted by Stewart (2003). Former Spanish colonial workings at Nambija, approximately 5 km west of the Escondida VII concessio more...
 
Location
Data last updated on : 2/24/2007
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