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Batamote Data

Batamote Information

  • Geology 2015-12-01
    The geological setting at Batamote is very similar to that at La Caridad. The property overlies a multiphase intrusive complex at the western margin of a large Laramide-aged batholith. An extensive three kilometer by six kilometer alteration zone is present. Exploration by the prior owners identified three main areas of mineralization named El Choclo, Bata Sur and Arreadero. Highly anomalous copper values over significant widths have been identified in drilling. Of particular note is an intersection of 136m @ 0.26% Cu at Bata Sur.
  • General 2015-12-01
    The property is located approximately 100km northeast of the city of Hermosillo. It is situated between the La Caridad and the Cananea porphyry copper - molybdenum mines, both of which are owned by Grupo Mexico. The property, which is in close proximity to Millrock's Rio Sonora and Los Cuarentas copper projects, is comprised of three mining concessions that cover a surface area of 5,796 hectares.

Nearby Location News

  • Pasinex Resources Announces High Grade DSO Sulphide Mineral Sale from the 50% owned Pinargozu Zn Mine 2016-11-03

    TORONTO, ONTARIO--(Marketwired - Nov. 3, 2016) - Pasinex Resources Limited (CSE:PSE)(CSE:PSE.CN)(FRANKFURT:PNX) (the "Company" or "Pasinex") today announced its first sale of direct shipping (DSO) high-grade zinc sulphide material from its 50%-owned Pinargozu zinc mine in Turkey. The joint venture company Horzum AS reported a sale of 991 tonnes averaging 46.82% Zn. The approximate value of the product realized was over US$700 per tonne.

  • Pasinex Resources Announces High Grade DSO Sulphide Mineral Sale from the 50% owned Pinargozu Zn Mine 2016-11-03

    TORONTO, ONTARIO--(Marketwired - Nov. 3, 2016) - Pasinex Resources Limited (CSE:PSE)(CSE:PSE.CN)(FRANKFURT:PNX) (the "Company" or "Pasinex") today announced its first sale of direct shipping (DSO) high-grade zinc sulphide material from its 50%-owned Pinargozu zinc mine in Turkey. The joint venture company Horzum AS reported a sale of 991 tonnes averaging 46.82% Zn. The approximate value of the product realized was over US$700 per tonne.

  • Pasinex Resources Announces High Grade DSO Sulphide Mineral Sale from the 50% owned Pinargozu Zn Mine 2016-11-03

    TORONTO, ONTARIO--(Marketwired - Nov. 3, 2016) - Pasinex Resources Limited (CSE:PSE)(CSE:PSE.CN)(FRANKFURT:PNX) (the "Company" or "Pasinex") today announced its first sale of direct shipping (DSO) high-grade zinc sulphide material from its 50%-owned Pinargozu zinc mine in Turkey. The joint venture company Horzum AS reported a sale of 991 tonnes averaging 46.82% Zn. The approximate value of the product realized was over US$700 per tonne.

  • Pasinex Resources Announces High Grade DSO Sulphide Mineral Sale from the 50% owned Pinargozu Zn Mine 2016-11-03

    TORONTO, ONTARIO--(Marketwired - Nov. 3, 2016) - Pasinex Resources Limited (CSE:PSE)(CSE:PSE.CN)(FRANKFURT:PNX) (the "Company" or "Pasinex") today announced its first sale of direct shipping (DSO) high-grade zinc sulphide material from its 50%-owned Pinargozu zinc mine in Turkey. The joint venture company Horzum AS reported a sale of 991 tonnes averaging 46.82% Zn. The approximate value of the product realized was over US$700 per tonne.

  • Kinross defers Tasiast Phase 1 expansion to 2017; lifts Q3 gold margin 36% 2016-11-03
    Canadian multinational miner Kinross Gold on Wednesday cut its capital expenditure forecast by $105-million, saying it has deferred spending at Tasiast's Phase One expansion project, in Mauritania. The Toronto-based company has deferred construction to 2017, after the temporary suspension of activities earlier in the year, when the West African country ordered expatriates whose work permits were invalid to stop working.

Batamote News

  • Millrock buys Mexico copper project 2015-11-27
    TSX-listed Millrock Resources has acquired Minera Teck’s Batamote copper project, in Mexico, for an undisclosed sum. The 5 796 ha property, which was straddled by two Grupo Mexico-owned porphyry copper-molybdenum mines, was near Millrock's Rio Sonora and Los Cuarentas copper projects.
  • Millrock Purchases Batamote Copper Project, Sonora, Mexico 2015-11-26

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 26, 2015) - Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock") announces that it has entered into an agreement under which it has purchased the Batamote copper project from Minera Teck S.A. de C.V. ("Minera Teck"), ultimately a subsidiary of Teck Resources Limited ("Teck"). The property is located approximately 100km northeast of the city of Hermosillo. It is situated between the La Caridad and the Cananea porphyry copper - molybdenum mines, both of which are owned by Grupo Mexico. The property, which is in close proximity to Millrock's Rio Sonora and Los Cuarentas copper projects, is comprised of three mining concessions that cover a surface area of 5,796 hectares.

Related News

  • Teck to Acquire 100% of Teena/Reward Zinc Project 2016-10-19

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 18, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) announced today that a wholly owned subsidiary has exercised a right of first refusal to acquire the 49% interest held by Rox Resources Limited ("Rox")(ASX:RXL) in the Teena/Reward zinc project, which is already subject to Teck's right to earn an additional 19% interest. The consideration will consist of AUD$10.6 million in cash (or AUD$8.0 million in cash and AUD$3.6 million in freely trading securities) payable on closing, a three year AUD$5.25 million interest bearing promissory note, and a further AUD$3.75 million in cash payable on the earlier of six years from the closing date or completion of a bankable feasibility study for the project. Closing of the transaction is subject to customary conditions, including definitive documentation. On closing, Teck will hold a 100% interest in the Teena project.

  • ASX: Rox Rewarded with up to $20.6 Million for Zinc Project Sale 2016-10-18
  • Kiska Regains Control of the Kliyul Project 2016-10-04

    VANCOUVER, BC--(Marketwired - October 04, 2016) - Kiska Metals Corporation (TSX VENTURE: KSK) ("Kiska" or the "Company") announces that it has regained control of its 100% interest in the Kliyul Project. This is the result of Teck Resources Limited ("Teck") notifying the Company that it is terminating the Kliyul Participation Agreement dated September 30, 2013 ("Agreement"). Under the terms of the Agreement, Teck completed IP geophysical surveys, archeological surveys, baseline water quality surveys, community engagement programs with local First Nations, and ~2,000 metres of diamond drilling in four holes, for a total expenditure of ~$3 million.

  • Millrock Announces Geophysical Survey at Oweegee Dome Project, Stewart Golden Triangle District, BC 2016-09-26

    VANCOUVER, BC--(Marketwired - September 26, 2016) - Millrock Resources Inc. (TSX VENTURE: MRO) ("Millrock") announces that a ZTEM airborne geophysical survey is underway at its Oweegee Dome project, located in the Golden Triangle district northwest of the town of Stewart, British Columbia.

  • Millrock Announces Progress at Stellar Gold - Copper Project, Alaska 2016-09-26

    VANCOUVER, BC--(Marketwired - September 26, 2016) - Millrock Resources Inc. (TSX VENTURE: MRO) ("Millrock") announces that induced polarization ("IP") geophysical surveys are presently being conducted on its Stellar gold - copper project located near the Denali Highway in central Alaska. The work is being done by Vista Minerals (Alaska) Inc., a wholly-owned subsidiary of Vista Minerals Pty Ltd, a private Australian company ("Vista"). Vista and Millrock formed an option to joint venture agreement on the project in late 2015, as described in an earlier press release here. Millrock presently owns a 100% interest in the claims, subject to Vista's right to earn up to an 80% interest by expending US$4 million on exploration and paying US$300,000 to Millrock over a four-year period. A production royalty would be payable to Altius Minerals Corporation. Vista is the exploration operator and reports that it is presently conducting IP surveys at the Jupiter copper occurrence and on the west flank of the high-grade Zackly gold - copper skarn deposit. Earlier this year Vista significantly expanded the original Millrock claim block by staking of claims, all of which are now subject to the option to joint venture agreement. The property now covers an area of 7,187 hectares.

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