Property Description

El Centenario, Santiago de Papasquiaro, Durango


THE ‘EL CENTENARIO’ GOLD-SILVER PROJECT, DURANGO

            The center of the `El Centenario` mineral property is located in the Sierra Madre Occidental, 18 km southwest of Fresnillo PLC’s ´La Cienega´ mine, 20 km south of Great Panther Silver’s ´Topia´ mine and 10 km northwest of Cheasapeake Gold Corp’s 20 million ounce-plus Metates gold-silver-zinc deposit. The property consist of 12 adjoining mineral concessions totaling 9,845 hectares in size that covers an old Colonial-times mining camp containing numerous high-grade Au-Ag prospects and abundant vestiges of small-scale mine workings. 

            The high-grade gold-silver mineralization found at ´El Centenario´ is associated with epithermal, low sulfidation, fracture-filling vein-stockwork-breccia systems, very similar to Fresnillo PLC´s ´La Cienega´ and Primero Mining’s ´Tayoltita´ mines. Some of the epithermal systems at ´El Centenario´, such as the Santa Margarita vein-breccia structure, contain zones that return exceptionally high gold and silver grades.

            So far, more than 20 different epithermal fracture-filling systems, totaling more than 30 km of strike length, have been recognized and sampled and many more remain to be located and evaluated. The quartz-rich epithermal structures are hosted in andesitic to rhyolitic rocks. The mineralized structures vary from 0.5 to 8.0 m in width, exceed 1,000 m of strike length, extend for more than 400 meters at depth and contain grades ranging between 5 and 20 g/T gold and 100 and 2000 g/T silver.

            No systematic exploration work was ever done on the ´El Centenario´ property before 2006. Since then, various exploration programs were completed including regional and detail mapping, the collection of more than 1,500 rock samples, a satellite imaging analysis and the completion of a 12-hole, 2,000 meter, diamond-drilling program on one of the main prospects, ´La Esperanza’, a silver-rich, poly-metallic ´La Cienega´-look-alike, mineralized system.

            There is moderately-good road access to the property coming in from Culiacan to the west, or Durango to the east. Locally, there’s a good road up to the ´La Esperanza´ prospect which is located at the west end of the property. An exploration base-camp, including 2 trailers, near ´La Esperanza´ is functional and available. Very good relations exist with the local communities who also have a willing, and hard-working workforce to assist in any future exploration endeavors.

            The ´El Centenario´ property, with its numerous and extensive high-grade gold-silver structures and the exploration-evaluation work that has been completed on it to date, has the potential to host a world-class, multi-million ounce gold-silver deposit. The property is available for purchase or option.

General Specs

El Centenario, Santiago de Papasquiaro, Durango

Commodities: Au-Ag
Deposit Type: Epithermal and Mesothermal Veins-Stockwork-Breccias
State: Durango
Municipality: Santiago de Papasquiaro
Surface Area: 9,845 Ha.
Type Of Deal: Option or Sale
Go to Location: Lat: 24.950 Lon: -106.483
Kmz File:
   

CONTACT INFORMATION

Name: Douglas Coleman
Phone: +52-1 (662) 181-0189
Email: dcoleman@mexicominingcent
Website: www.mexicominingcenter.com
   

LOCATION

Concessions

Name Title No. Document
Alison 203134
Ampl. de San Antonio 199808
Ampl. de Santa Margarita 211431
La Ascención 220685
La Esperanza 203251
La Trinidad 208555
La Vainilla 199807
San Antonio 165162
San Francisco de Pilones 164946
Santa Margarita 203309
Santa Teresa 164947
La Santísima 236912

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