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San Anton Resources Profile

San Anton Resource Corporation, an indirect wholly-owned subsidiary of Kings Minerals (ASX: KMN; TSX-V:KMN), is an exploration and development company totally focused on the mining friendly jurisdiction of Mexico. The Company’s principal asset is a 64% interest in the San Anton Property (Goldcorp 36%), which hosts the near-surface Cerro del Gallo gold-silver-copper deposit. The Property is located in a historic gold-silver mining district and has only recently been subjected to modern exploration techniques. This work quickly identified several targets and has led to the delineation of a NI 43-101 Mineral Resource of 4.5 million ounces of gold, 202 million ounces of silver, and 1.4 billion pounds of copper. The deposit remains open in several directions.

Within the overall deposit, there is a ‘gold domain zone’ containing Measured & Indicated Mineral Resource of 3.2 million ounces of gold and 71 million ounces of silver, and within this zone, there is a higher grade heap leachable gold resource defined at surface.

Last changed at 23-Oct-2010 07:57AM by M