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Crown Resources picked up the Magistral Tailings Project in Durango from Real del Monte back in 1999. Not sure if it ever was drilled by Crown. This has been around since Tormex looked at it ages age. The gold is there - its' the extractive metallurgy that has always been the tough nut to  crack. Crown filed for voluntary Chapter 11 bankruptcy on March 8, 2002. Re-structuring plan baecame effective June 11, 2002 and as part of this plan is a 5 to 1 rollback.

Crown Resources Corporation   [CRCE:OTCBB] 

San Juan de Minas, Durango(?). During the first quarter of 2000 the company recorded a $59,000 write down for property abandonment related to the write-off of this property located in Mexico. 

Press Release 16May00

Magistral del Oro Au Tailings, Durango. Optioned a 100% interest in this 5,800 ha asset (subject to a retained royalty) from Real del Monte Mining Corporation. Located at Santa Maria del Oro, Durango. Mine closed in 1962, but a tailings pile leaching plant recovers 2.2 gpt Au and 6 gpt Ag. 1Q97 reported low leaching kinetics and excessive Cu absorption. A lot of organics seem to cause some problems. Metallurgical testing continuing. Studies have concluded that reprocessing these tails is uneconomic at present gold prices (Oct, 1997). Operation put on hold by Real del Monte indefinitely. Exploration of area for additional primary reserves was ongoing. Altered areas appear promising. Historically mineralization was extracted from wide sub-horizontal structures. Crown Resources plans to be drilling the property within 6 months.

LAMR February, 1999
NMN V84#51 15-21Feb99
MBD February, 1999
LAMR January, 1999
GCN #19 28Jan99
Press Release 26Jan99
Series of Prior Real del Monte and Consolidated Nevada Goldfields Press Releases