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Another mxican property
Re: Another mxican property
They are certainly stacked with properties. After Nueva I would hope to see them move onto the Rosamorada Project. It looks good from surface sampling. Up to 6.1 g/t Au. On surface. It will b up to the company on how to proceed with their mexican properties. There is no room for error so they need to develop the right ones given the current market and how hard it is to raise capital.
Re: Another mxican property
It speaks volumes for what the company has and if they can develop and sell off nueva they have many options to move to next. Stacked with properties.
Re: Another mxican property
Yes I understand that but the reason I posted that was because it has been overlooked and it might be their next target. It was a past producer after all.
Re: Another mxican property
They have very attractive properties in Mexico but you have to realize that the company can only afford to do so much drilling and advancing. They have focused on Nueva gGalicia for the time being in Mexico and have at least one drill on site which I believe they own.
Re: Another mxican property
It is also located in the Sierra Madre region by Culiacan Sinaloa according to the site. Some of the samples taken from the property are very impressive. Particularly 8.37 g/t gold, 5,337 g/t silver, 2.91% lead and 3.92% zinc over 0.90 metres.
Re: Another mxican property
not familiar with this particular mine, which state / region is it in??
Is this Premium's second mine , I know htey have one in Idaho , is this mexican mine also moving towards production or still drilling to prve up resources??
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I was looking at some information on premium today and found out that their San Pedro Analco property was a past producing silver mine. No one has even mentioned this. Anyone who has more info I would really appreciate it. I couldn't find a whole lot. Seems the comany is focused on Nueva Galicias down there.