- 100% owned Santa Catarina consists of two mineral concessions covering 142 hectares
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Located in the prolific Sierra Rosario Gold Belt - presents numerous opportunities with many historically important high-grade gold producers
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Massive Sulphide Zone: 20m averaging 3.2g/t Au, hosted in carbonates (chip/ channel samples)
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Consists primarily of pyrhotite with minor chalcopyrite (less than 1% based in visual examination)
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Surface chip sampling results yielded up to 2.1 m at 20.5 g/t gold
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Drill program to commence in 2012
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Known historic exploration work has been done since 1979 and old diggings indicate minor production
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The property is easily accessible year round as a result of warm climate and local infrastructure including paved roads
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Located near a village of Santa Catarina in Sinaloa State, Mexico
Concordia – Guasima Project
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Joint venture with Oro Mining Ltd. (TSX.V - OGR) to acquire 75% interest in surrounding 29,000 ha Concordia/Guasima Projects (Sept.26.11 news release)
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Grid sampling and ground geophysics are being carried out.