Company News: Catalyst Copper
Updated: 04 Oct 2010
Catalyst Copper is a copper and base metal developer with a focus on copper mining projects in Mexico. Our current focus is the La Verde copper property, which is situated in the Sierra Madre del Sur approximately 320 kilometres west of Mexico City in Michoacán State. It consists of two claims, Capire and Unificación Santa Maria, comprising approximately 16,900 hectares.
The Company can earn a 60% interest in the La Verde Project by advancing US$6 million (paid) to Teck Resources Limited’s Mexican subsidiary, Minera Torre de Oro, S.A. de C.V., and incurring aggregate exploration expenditures of US$10 million on the La Verde Project on or before December 31, 2012. Required exploration work under the agreement includes 30,000 meters of core drilling and 200 line kilometers of geophysical surveys.
The Company can earn a 60% interest in the La Verde Project by advancing US$6 million (paid) to Teck Resources Limited’s Mexican subsidiary, Minera Torre de Oro, S.A. de C.V., and incurring aggregate exploration expenditures of US$10 million on the La Verde Project on or before December 31, 2012. Required exploration work under the agreement includes 30,000 meters of core drilling and 200 line kilometers of geophysical surveys.
Business Category Exploration; Mining
Regions of Operation Latin America
Exchange Ticker CCY
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Exchanges listed on TSX-V
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Most Recent Company News
- More from La Verde - 06 May 2011 11:31am
Catalyst Copper Corp’s additional drilling at La Verde copper porphyry property in Mexico has confirmed and extended mineralisation at the West Hill and East Hill deposits Read more... - Catalyst intercepts - 01 Oct 2010 10:55am
The first five holes of a programme testing Catalyst Copper Corp’s La Verde copper property in Mexico have intersected wide zones of copper-gold mineralisation Read more...
No results were found.
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