Emerging producer of Gold and Silver in Mexico
Property hosts Inferred mineral resources of 225,750 tonnes of tailings with a grade of 2.0 g/t gold and 220 g/t of silver.
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Message: Why wasn't Copalquin Property mined or developed ?

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Re: Good Answer! Why wasn't Copalquin Property mined or developed ?

posted on Oct 20, 09 11:47AM

Yes...Copalquin has potential..but UC would need money. I remember Jim mentioning getting to some locations by jackass or mule and it not being a fun trip. Money for Junior exploration is extremely hard to come by right now unless you want to sell the farm. They need a hit in the ROF...to get interest to raise money for more ROF exploration ...and hard cash to fund the La Yesca mill upgrades...in order to make money for exploration for things like Copalquin. This drilling that is going on right now could be very important. Otherwise there will have to be some more financing done and probably at a lower SP. Come on drills!!!

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