San Nicolás, owned by Teck Corporation and Western Copper Holdings Ltd., is an un-mined, volcanic hosted, massive sulphide deposit containing ore-grade copper and zinc with associated gold and silver. The reserve estimates are 72 million tonnes grading 1.4% copper and 2.27% zinc, making it the largest massive sulphide deposit yet discovered in Mexico, and a world class deposit.
A bit old but gives an indication of what Donovan 2 could be like.
Field mapping and sampling identified the presence of pathfinder minerals, including anomalous values of copper and zinc which are consistent with the presence of volcanogenic massive sulphide ("VMS") mineralisation.
I think the only thing about online is the rate of returns which can be quite high. Especially for women. No question online will always do better than bricks and Mortar. One another another note good to see 18p bid holding and buyers in the fray at higher level. Lots of work to do and i'm actually hoping someone may bid here.
With our licence close to san nicolas peter taylor will look to get this moving soon as possible. We are capitalised at less than 900k so with interest you can see the upside from these levels. Peter has been in $100million plus companies not one worth less than £1million. Its all about generating that interest.
Teck acquired the San Nicolas project from Goldcorp. Goldcorp is good as precious metals its forte and Tech more so with base metals. This has attracted Peter Taylor who is used to companies with a much higher market cap than one worth 600kish. Huge difference. Key is they believe in the two projects.
Very good rns from ggp this morning. GGP grew from 0.06p a few years back so certainly a success story from those levels. If Peter Taylor can build interest in the projects certainly tech resources are in this space and just around the corner.
Once the new CEO starts building interest in the two projects i think you could see a very different share price. He is an ex-miner so will know the potential of both projects, one which is close to a world class project. Give him a little time.
I think the point of the new ceo is to build both projects of Donovan 2 and San celso. Build them up and de-risk at some point in the future. The CEO believes in both projects as a he is akin to $100million plus companies rather than one worth 600k.