Tesorito Project |
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Tesorito |
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Country |
Mexico
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Province |
Zacatecas |
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Close to |
Ojocaliente |
Status |
PAST PRODUCER
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Mining Trend |
Zacatecas |
Surface |
3 km² / 709 acres |
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Mining District |
El Milagro |
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Legends
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Risk and valuation analysis of the Tesorito Project |
Status Risk : Past producer |
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Title(s) of the Tesorito Project |
| Sterling Mining Co. Owner: 50% |
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Title | Company Profile | All Projects | Company website | Company project page |
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On October 25, 2006, Sterling sold a 50% interest in the project to Chester Mining Company in exchange for 600,000 shares of
that company’s common stock. |
| Chester Mining Company Owner: 50% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Tesorito Project |
The Tesorito property is located at the north end of the historic Los Milagros silver vein trend east of Ojocaliente. Previous concession owners have sunk two shafts, called Tesorito (~65m) and Tabasqueña (~85m) about 1km apart on the NW end of the El Milagro system situated a few kilometers east and south of Ojocaliente
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History of the Tesorito Project |
Two companies have operated in the concession since 1980, Minera Las Cuevas (“Cuevas”) 1981 and Servicios Industriales
Peñoles (“Peñoles”) 1988 to 1989. Both companies have mapped and sampled the underground workings. Cuevas drilled five
exploratio more...
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Geology of the Tesorito Project |
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The basal unit of the geologic section exposed in this concession is volcanic andesites of the Chillitos formation. The Chillitos
formation is overlain by conglomerates of Zacatecas Red Conglomerate. The top of the exposed section are extrusive Rhyo more...
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Data last updated on : 9/20/2007
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Disclaimer
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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.
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