The Cerro Minas Property lies within the Oaxaca epithermal Au-Ag belt, approximately 130 kilometers southeast of Oaxaca City, and 30 kilometers southeast of Gold Resource Corporation’s (NYSE American: GORO) operating Arista-Switchback mine. The Property is an inlier to the Yautepec Project concession and covers 5 kilometers strike length of highly prospective ground along a northwest trending caldera structural margin. In addition, the Property contains polymetallic skarn-style mineralization (Ag-Au-Cu-Pb-Zn) that is the subject of historical reports by the Mexican Consejo de Recursos Minerales which documents small-scale artisanal mining.
View ProjectThe Property is located within an emerging lithium belt where large mineral claim holdings have been assembled by numerous companies. The property lies northwest of the Tansim project held by ASX listed Sayona Mining, and southwest of the Decelles Project held by ASX listed Winsome Resources.
View ProjectThe Ralleau VMS Project is centrally situated just east of the regional centre of Lebel sur Quevillon and straddles both the Cameron and Barry Deformation Zones; and as well adjoins both the east boundary of Osisko Metal’s Osborne-Bell Gold/VMS project and the west boundary of Osisko Metal’s Windfall Lake Gold Project.
Madoro owns the project 50/50 with Deeprock Minerals Inc.
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