| Risk and valuation analysis of the El Rayo Project |
| Status Risk : Brown exploration |
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| Title(s) of the El Rayo Project |
 | Silvermex Resources Ltd.
Interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| To exercise the option the Company must pay a total of US$315,000 over a period of two years. In addition, the Company is required to issue 250,000 common shares for every 10 million ounces silver identified in measured and/or indicated mineral resou more... |
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| Location of the El Rayo Project |
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The El Rayo Claims are located in the municipalities of Santa Ana and Magdalena de Kino, State of Sonora, Mexico. The Company has staked an additional 2,200 hectares to ensure the mineral rights to any extensions to the known mineralization are secured
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| History of the El Rayo Project |
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Future exploration programs will focus on identifying parallel structures and confirming the continuity of the known mineralized systems. At this time, El Rayo is of secondary priority as the Company currently focused on developing existing silver primary deposits.
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