Goldeneye boldly staked most of the eastern Yucatan Peninsula to explore the Chicxulub impact crater of Cretaceous/Tertiary boundary age. Deposit analog was Sudbury-type epigenetic and syngenetic mineralization. (How did they ever find the Agencia de Minas in Yucatan?)
Goldeneye
Explorations Ltd. (A private
B.C. company)
Francisco Gold Corp. completed acquisition of 51% interest in this company in January, 1997. Goldeneye is a private BC corporation controlling 100% of the shares of a private Mexican company, Metallurgical Costa Dorada S.A. de C.V. (MCD)
CSW 31Jan97 (Francisco Gold)
Sierra Madres of Western Durango, Durango. Cons. Viscount (25%) along with Guardian Enterprises (25%) along with a private Canadian company, Goldeneye Explorations Ltd., collectively control 50% and have completed Phase I reconnaissance of large 150,000 acre, 18 concession land package with numerous old precious metals properties. Seven of 18 have been mapped. Mapping to continue 1Q98
GCN #28 10Feb99
Coahuila Copper, Coahuila State. MCD controls 100% of the underlying interest in 400,000 acre redbed Cu play promoted by Francisco Gold and optioned by BHP Minerals. Minera BHP can earn up to 70% by making option payments totaling $1.6M to MCD over 5 years and placing a project into production at minimum size of 200 M tonnes. Proposed target is sediment-hosted stratiform Cu-Ag deposit of world class potential. BHP has entered a second phase of drilling focused on 4 target areas.
CSW 31Jan97 (Francisco Gold)
NMN 10/28/96
NMN v81#27 09/04/95Gran Meteroro Project, Yucatan. A 640,000 acre land position taken over the land expression of the Chicxulub impact crater of Cretaceous/Tertiary boundary age. Deposit analog is Sudbury-type epigenetic and syngenetic mineralization. Low altitude airborne geomagnetic surveys being undertaken to help identify drill targets.
CSW
