TSX-V: MDM |
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    Projects

Summary

Commodity:
Gold, Silver
Location:
Oaxaca, Mexico
Nearest City:
Oaxaca City 170 km (Combined Population ~ 350,000)
Infrastructure:
Excellent road access, skilled labor nearby
Utilities:
Water and power access
Labour:
Experienced Mexican geologists and local technical labor
Communities:
San Juan LaJarcia, San Bartolo Yautepec
Size:
900 hectares
Stage:
Exploration
Ownership:
100% ownership

Overview

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.