Sumitomo.
Tropico Cu-Au-PGE Project, Sinaloa. Optioned a 70% earn-in interest in this 14,000 ha 19 km by 4 km mafic intrusive complex from Santoy Minerals and Fairfield Minerals. Gets initial 51% and control by spending $3M bin 3 years. Best target to date is Marciela with 0.94% Cu, 0.35 gpt Au, 0.27 gpt Pt and 0.45 gpt Pt over 54m in trenching program. Drilling planned ASAP.
Press Release 2Oct01
Junior partner along with Peņoles and Dowa Mining on the Tizapa massive sulfide deposit in Guerrero.
E&MJ November, 1996
