|Scorpio Mining is a major land holder in the Cosalá district with holdings of approximately 26,819 hectares (ha) spanning an area of approximately 23 km x 19 km. The land position covers numerous exploration targets, advanced deposits and historically producing mines. Multiple types and styles of mineralization are present in the district, including low- and high-sulphide silver, zinc, copper, lead and gold; silver-gold stockwork; porphyry copper; magnetite; and wollastonite. |
Cosalá District, Sinaloa State
Property Location on Google Earth
Through its acquisition of Platte River Gold Inc. in 2010, Scorpio obtained several advanced projects including the San Rafael silver-lead-zinc-copper-gold deposit and El Cajón silver-copper-gold deposit, both having NI 43-101 compliant mineral resource estimates. In addition, Scorpio acquired the operating La Verde silver-copper mine.
The Company holds land access agreements with the local Ejidos (land owners) that control surface rights for these properties. Under these access agreements, Scorpio Mining is granted permission to undertake all activities including the construction and operation of open pit mining, waste dumps, tailings storage facilities and mineral processing facilities.
Cosalá District Land Position
You can view the Next Cosala District Exploration item: San Rafael Development Project