Santa Monica Project
Santa Monica
Country Mexico 
Province Durango
Close to Durango
Status GREEN EXPLORATION  Mining Trend Durango
Surface 173 km² / 42,711 acres
Latitude / Longitude 24 N 30 / 104 W 19
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Explores for Gold - Silver -
Last updated on 10/16/2010 - Terms of Use
Risk and valuation analysis of the Santa Monica Project
Status Risk : Green exploration
Country Risk : Light
Title(s) of the Santa Monica Project
Goldcorp Inc.
Owner: 100%
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In 2003, Orko optioned the Santa Monica Property, located in Durango State, Mexico. Terms of the joint venture includes issuance of 100,000 Orko shares and expending $US 1.5 Million over six years, to earn 75%. Goldcorp (Luismin) has an “earn back” provision.
Orko Silver Corporation
Interest: 75%
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Orko is earning a 75% interest in the adjacent Santa Monica Project from Goldcorp, Inc. (NYSE: GG) by expending $US 1.5 Million on exploration.
Location of the Santa Monica Project
Santa Monica is adjacent to the La Preciosa project optioned by Orko from GoldCorp Inc. The Santa Monica Property covers over 17,285 hectares and is located approximately one hour and a half away by paved road from the City of Durango, in Durango State, Mexico. Currently, Geophysical Surveys are underway which began on March 18, 2007.
Data last updated on : 12/31/2006
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