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Minera Hestgold S.A. de C.V.

Minera Hestgold S.A. de C.V.   

Privately held Mexican corporation.

El Realito Project, Sinaloa. Located in the Municipio of Culiacan around 38 km due NE of the city. This 1202 hectare area is held under 9 separate claims located over where a large number of  antique Spanish workings were discovered. These old mines were called: El Chipil, El Socavon, Pozo El Tirito, Tiro La Tolva and Pozo San Antonio. This area was previously being held under concession for the last 40 years and was finally consolidated by Hestgold near the end of the year 2000 after the area was liberated. Luismin had looked at the area in the late 1950's to early 1960's, but no recent work had been done prior to Hestgold due to the unfavorable land positions in the area. 

The old Spanish workings are stretched along a NE trending zone of parallel imbricate structures. These structures show respectable widths of mineralized breccia and adjacent mineralized stockwork. The overall potential for a bulk-mineable, open pit gold mine that could be processed with conventional  heap-leaching technology with average grades in the 2.0 to 2.5 grams per tonne range is very good. 

Hestgold provided property reports.