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Article: First Majestic Resource Corp. - Acquisition of the Candamena Mining District, Mexico.
- Article from:
- PR Newswire
- Article date:
- December 2, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TSX Venture Exchange - FR Pink Sheets - FMJRF
The Company is pleased to announce that it has signed two letter agreements with Mr. Miguel Perez Chavez and Mr. Angel Chaparro for the purchase of the Candamena Mining District, located in the Eastern Sierra Madre Mountain range about midway between Hermosillo and Chihuahua in east central Sonora Mexico. The purchase includes all properties, assets and equipment and all mining concessions consisting of 5,215 hectares.
The Candamena Mining District hosts several highly mineralized areas; the Nuevo Dolores, a volcanic-hosted epithermal gold-silver deposit; the La Blanca, a similar highly prospective area and ...