Technical Brief on the Cinco Minas Mine Property a
Post# of 9903
Posted On: 04/19/2016 9:51:35 PM
Technical Brief on the Cinco Minas Mine Property and The Gran Cabrera Mine Properties Municipality of Hostotipaquillo, Jalisco, Mexico
Since dummy rbtree keeps mumbling about how Cinco Minas and Gran Cabrera are worthless properties I found this very important 125 page detailed document with geological maps and valuations that (MSJ) Minera San Jorge SA. DE. CV prepared and produce back in 2006 (omit bgl name) and at that time Precious Commodities Gold and Silver were trading per ounce way below where they are currently trading @ today.
Back in 2006 Gold was trading @ $700.00 an ounce and now today 04/19/2016 Gold is trading @ $1,253.00 per ounce and current prices are moving much higher, Currently Gold is trading almost double the per ounce price what it was trading @ back in 2006.
And back in 2006 Silver was trading @ $14.00 per ounce and now today 04/19/2016 Silver is trading @ $17.02 per ounce and current prices are moving much higher,
It is a lengthily 125 page document but check it out I think you will discover if you have not already done so previous that a starting price of $1.00-$2.00 per SRGE share exchange or more is not at all far fetched and unreasonable. And I know Stevrc valuations state up to $11.00 per share. The point is those properties are not worthless (as being claimed by idiot bashers) and if you have a HUGE senior minor like Yamana or AEM they might demolish that old blue rusting ball mill setup located @ Cinco Minas and build something that can extract more efficiently the majority of precious metal ore from Cinco Minas and Gran Cabrera concession properties. After all that is what Senior miners do and it is not an issue for them to do just that! SRGE Longs and MSJ know the worth of these mining properties and so did bgl previously their name is all over that 125 page pdf document stating they agreed and approved with MSJ's prepared documents and valuations proposals of Cinco Minas and Gran Cabrera mining properties!
The Cinco Minas site covers roughly 10,750 hectares and is located approximately 100
kilometres northwest of the City of Guadalajara. The Gran Cabrera site covers roughly 4,300
hectares and is located approximately 35 kilometres northwest of Cinco Minas. Both sites are
on strike to a major regional left lateral fault system that hosts many historical areas such as
the old Santo Domingo mine site, currently the subject of extensive exploration drilling by
Stroud Resources Ltd., which is midway between the two historical sites.
Anaconda Mining Company was the previous owner of the Cinco Minas property. Between 1922
and 1928 it mined a reported 1,083,000 tonnes of ore averaging 3.17 g/t gold and 476 g/t
silver. This equates to 97,364 oz. of gold (2,760 kilograms) and 15,095,915 oz. of silver
(427,954 kilograms). It should be noted at the outset that current resource estimates far
exceed the total amount reported removed from the mine. The Cinco Minas and Gran Cabrera
properties both host epithermal systems with adularia-sericite type quartz veins with goldsilver
mineralization. The main zone system at Cinco Minas has an identified strike length of
approximately 5 kilometres with additional parallel to sub-parallel veins. Past mining has
produced several bonanza grade veins with high gold credits. These types of structures have
also been reported in the recent exploration drilling at Cinco Minas.
https://www.personadeinteres.org/uploads/558b...b7cdeb.pdf
Since dummy rbtree keeps mumbling about how Cinco Minas and Gran Cabrera are worthless properties I found this very important 125 page detailed document with geological maps and valuations that (MSJ) Minera San Jorge SA. DE. CV prepared and produce back in 2006 (omit bgl name) and at that time Precious Commodities Gold and Silver were trading per ounce way below where they are currently trading @ today.
Back in 2006 Gold was trading @ $700.00 an ounce and now today 04/19/2016 Gold is trading @ $1,253.00 per ounce and current prices are moving much higher, Currently Gold is trading almost double the per ounce price what it was trading @ back in 2006.
And back in 2006 Silver was trading @ $14.00 per ounce and now today 04/19/2016 Silver is trading @ $17.02 per ounce and current prices are moving much higher,
It is a lengthily 125 page document but check it out I think you will discover if you have not already done so previous that a starting price of $1.00-$2.00 per SRGE share exchange or more is not at all far fetched and unreasonable. And I know Stevrc valuations state up to $11.00 per share. The point is those properties are not worthless (as being claimed by idiot bashers) and if you have a HUGE senior minor like Yamana or AEM they might demolish that old blue rusting ball mill setup located @ Cinco Minas and build something that can extract more efficiently the majority of precious metal ore from Cinco Minas and Gran Cabrera concession properties. After all that is what Senior miners do and it is not an issue for them to do just that! SRGE Longs and MSJ know the worth of these mining properties and so did bgl previously their name is all over that 125 page pdf document stating they agreed and approved with MSJ's prepared documents and valuations proposals of Cinco Minas and Gran Cabrera mining properties!
The Cinco Minas site covers roughly 10,750 hectares and is located approximately 100
kilometres northwest of the City of Guadalajara. The Gran Cabrera site covers roughly 4,300
hectares and is located approximately 35 kilometres northwest of Cinco Minas. Both sites are
on strike to a major regional left lateral fault system that hosts many historical areas such as
the old Santo Domingo mine site, currently the subject of extensive exploration drilling by
Stroud Resources Ltd., which is midway between the two historical sites.
Anaconda Mining Company was the previous owner of the Cinco Minas property. Between 1922
and 1928 it mined a reported 1,083,000 tonnes of ore averaging 3.17 g/t gold and 476 g/t
silver. This equates to 97,364 oz. of gold (2,760 kilograms) and 15,095,915 oz. of silver
(427,954 kilograms). It should be noted at the outset that current resource estimates far
exceed the total amount reported removed from the mine. The Cinco Minas and Gran Cabrera
properties both host epithermal systems with adularia-sericite type quartz veins with goldsilver
mineralization. The main zone system at Cinco Minas has an identified strike length of
approximately 5 kilometres with additional parallel to sub-parallel veins. Past mining has
produced several bonanza grade veins with high gold credits. These types of structures have
also been reported in the recent exploration drilling at Cinco Minas.
https://www.personadeinteres.org/uploads/558b...b7cdeb.pdf
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