The Project MACARA is in GREEN EXPLORATION stage. Mining Property in ECUADOR : Ownership, location, history, geology, maps, reserves and resources, related press releases

Articles NewsFlow Gold & Silver Prices Market Briefing

Legends
	Production
	Mine development
	Discovery
	Exploration
	Past producer
On Google Earth, click on the button, to show property information, and access to project page or company page.

Macara Project

Macara

Country

Ecuador

Close to

Macara

Status

GREEN EXPLORATION

Surface

75 km² / 18,532 acres

Latitude / Longitude

4 s 21 / 79 W 52

Legends


Print	Valuation	Travel To Property	All neighbouring Properties	Mines and deposits nearby	All active properties nearby

Produces

Develops

Explores for

Gold -

Last updated on 9/28/2010 - Terms of Use

Risk and valuation analysis of the Macara Project

Status Risk : Green exploration

Country Risk : Very High

Title(s) of the Macara Project

Cornerstone Capital Resources Inc
Owner: 100%


Title	Company Profile	All Projects	Company website	Company project page

The Rinconada concession, which is within the Macara project area, as well as rights to a regional geochemical database, were acquired in 2005 as part of Cornerstone's initial acquisition from Sierra Minera SA (Sierramin), a private Ecuadorian mining more...

Newmont Mining Corp
Option on interest: 51%


Title	Company Profile	All Projects	Company website	Company project page

Newmont , through a $1M private placement in Cornerstone priced at a premium to market which will be spent on a Phase I program evaluating a large prospective area of Southern Ecuador for gold, will be able, if they elect to go into Phase II, to e more...

Location of the Macara Project
The Macara property is approximately 75 km2 located near the Ecuador-Peru border.

Geology of the Macara Project
The property hosts gold bearing quartz-tourmaline veins and breccias associated with an intrusive body. Recent work by Sierramin has returned assay values from channel samples up to 23.8 g/t Au over 1.0 m and 7.3 g/t Au over 1.8 m. Chip samples colle more...

Exploration and drilling

9/18/2015	(Cornerstone)15-21 - Cornerstone announces termination of Macara Project ...
4/30/2008	(Cornerstone)and Newmont announce force majeure in Ecuador
10/22/2007	(Newmont)and Cornerstone Propose to Form a Strategic Exploration Alli...

Location

Data last updated on : 10/22/2007

Disclaimer
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.