Asteria, SA de CV presents:
Mining Investment Highlights
§ Located in historical Au & Ag producing region of Sinaloa
§ Very low acquisition and holding costs for project.
§ Close proximity to producing large scale mines
§ 10Km from a regional town centre
§ Rock chip channel samples assays reveal strong grades for exploration targets
§ Au grades >10g/t
§ Ag grades >100g/t
§ Cu grades > 3%
Infrastructure and Location Overview
Location-Sinaloa region, Mexico
Concession area-Four Concession title holding, total area of Hectares 7,855 (30.33 Mi²)
· Concession is registered
· Registered Surface title land owners agreement
· Registered option agreement
All-weather gravel roads providing easy access to the concessions year round.
The nearest electrical supply lines are located 7.5 Kms from the nearest concession.
A major dam provides water all year round, there is another reservoir planned to provide water for local towns close to the concessions.
Cellular service is available in selected areas around the concessions.
Major town center is located 10km away from the concessions, land transport and repair shops for automobiles, trucks and tractors and there are medical services in the town.
Climate and Vegetation
Tropical climate with an average mean temperature is 26ºC with a maximum of 42ºC and a minimum of 7.5º C. Annual average rainfall is 1,1019 millimeters. Winds are predominantly from the north and the average wind velocity is one meter per second. There is abundant vegetation varying from deciduous forest and to a lesser extent medium deciduous forest and savanna and in the coastal areas there are mangroves and abundant halophytic vegetation.
● Tío Alejo – 1.03- >10g/t Au & 2.2- >100g/t Ag
● Los Camole – 1.25- 4.09g/t Au & 1.9- >100g/t Ag
● Mina Del Futuro- TBA
● El Patron- TBA
There are no current onsite processing facilities, however, there are processing facilities near by to the project within 30Km.
The local geology can be characterized by volcanic rocks of a felsic-intermediate to mafic composition, which includes rhyolite tuffs, rhyolites, ignimbrites, andesitic tuffs and andesites of Tertiary age.
The main structures are faults with a NW-NE strike and dipping to the SW.
La Minita consists of three types of mineralization-
● Cu+ Au Porphyry
● Disseminated sulphides in fault zones
Veins vary in size from 0.10 to 3.4 metres
Various with plunge
Overview – La Minita Project Group
The La Minita concession group consists of a contiguous group of 4 concessions with a total land position of 7,855 Ha. The concessions have various artisanal workings, some which are currently actively being mined.
The four concessions were strategically placed to envelope the southern end of a known Au, Ag & Cu system which is currently being mined by a major mining company and is the largest producing mine in Southern Sinaloa.
A small rock chip sampling program was completed in June 2015. This was part of the due diligence to acquire the group and to ensure serious exploration upside to develop a strong resource and finally mine development.
The location of the concession group adjacent to an already measured resource with active production and several local artisanal mines peppered over the group, provide confident indicators that exciting new discoveries can be made on a regular bases to build a strong well developed resource.
The owners are interested in an exploration JV not an outright sale though they are open to other possible modalities. Please contact Kelvin Williams for further information on this tremendous opportunity.