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| Levon Resources Interest: 51% |
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Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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The claims are wholly-owned by Valley High Ventures, and Levon can earn a 51% interest by spending C$1.25 million by the end of February 2013. The agreement includes a first-year commitment of $250,000. |
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The property is located 220 km south of Chihuahua, Mexico and approximately 40 km northeast of the town of Hidalgo de Parral.
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Previous work on Cordero dates from the 1950?s and focused mainly on either the high grade silver gold veins or the porphyry molybdenum potential. Valley High?s wholly owned Mexican subsidiary, acquired the project in 2006 and has since conducted property wide soil sampling, geological mapping, limited trenching and IP and re-assaying of historical core.
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Mineralization at Cordero comprises disseminated and veinlet pyrite, sphalerite, galena and argentite developed in several east north east oriented calcite vein swarms, hosted by a dacite porphyry intrusive. Each of these swarms has been shown to be Plus...
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