Pachuca Real, Mexico– Silver/Gold Project

The Pachuca Real del Monte silver-gold district is one of the most prolific precious metals mining camps ever discovered in the world.  With over 1.4 billion ounces of historic silver production, and 7.0 million ounces of gold, we believe outstanding potential exists to make significant new discoveries, particularly in the “North District,” where most of our work to date has focused. 

Our former joint venture partner, Newmont Mining, provided us with a treasure trove of new well-defined drill targets.  In fact, Newmont’s surface work identified 38 high-quality drill targets within our vast 30,000-hectare claim block.  The targets at Pachuca Real consist of high-grade silver-gold veins that are distributed over a geographic area measuring 15 kilometers long and 10 kilometers wide.  Veins in the historic district were very continuous over long distances along strike and down dip. 

Newmont tested 11 different target areas in 2007 and 2008 by completing 19 core holes totaling 7,873 meters.  Seven of the holes intersected significant mineralization in six different prospects.  Many of the other holes intersected anomalous precious metal mineralization.  Better intercepts are provided below.

Currently we are compiling the vast data base that Newmont generated during the past two-and-a-half years.  Several companies have expressed interest in potentially joint venturing the project with us.  We remain very excited about the potential of the Pachuca Real project and believe it could be a very impacting project to our shareholders.