San Mateo Project
San Mateo
Country Mexico 
Province Durango
Status PRODUCTION  Mining Trend Sierra Madre
Latitude / Longitude 25 N 03 / 103 W 42 Mining District Velardena
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Produces Copper - Gold - Lead - Silver - Zinc -
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Last updated on 9/30/2010 - Terms of Use
Risk and valuation analysis of the San Mateo Project
Status Risk : Production
Country Risk : Light
    Link to technical report
Title(s) of the San Mateo Project
Golden Minerals
Owner: 100%
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On December 24, 1997, ECU Gold Mining Inc. (the predecessor company of ECU) acquired 93.48% of the capital stock of BLM Minera Mexicana, S.A. de C. V. (BLM), the registered holder of the claims. ECU also acquired, as part of the same transaction,  more...
Location of the San Mateo Project
ECU has three, 100%-owned blocks comprising 33 concessions on 1,873 hectares, in the prolific mining district of Velardena, all easily accessible by road. The property is located in Durango State, central Mexico, situated approximately 95 kilometers south-southwest of the city of Torreón, Coahuila State, and 140 kilometers northeast of the state capital Durango.
 
History of the San Mateo Project
The San Mateo vein was primarily mined by gambusinos. Nevertheless, by 1939 in the main shaft area, the vein had been mined from surface to the 12th level. Accessible workings along the San Mateo vein consist of the Santa Rita mine that allows acce more...
 
Location
Data last updated on : 11/25/2008
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