The 25,400 acres Don Roman project comprises of an extensive area of hydrothermal alteration that hosts numerous base and precious metal occurrences along the western part of the Northern Sierra Madre Gold Belt. The property lies 15 km SW of the historically prolific La Reforma Pb-Zn-Ag District that is now the focus of concerted exploration by Peñoles. The concessions contains gold/zinc/lead/silver/iron mineralization.
Numerous Structures with Substantial Tonnage Potential.
Centralized Mill, with Parallel Circuits, on 100% Owned Land.
Visible veins, mined and followed over km+ long structures.
70+ distinct gold/silver/zinc/lead/copper/iron ore structures within 8 km diameter of mill, have been discovered and being developed to feed mill.
Favorable geology - extensive area of hydrothermal mineralization along western part of the Northern Sierra Madre mineral belt.
Tara and others have mined the area for 1-20 years.
Three parallel circuits each with 120 t/d capacity currently in place.
Engineering work under way to phase in capacity to 2,000+ t/d.
Circuits able to process several different minerals.
- There were many old workings and outcrops in the district.
- Drilling has identified several vein structures including Vein #1 - 309 g/t silver, 9% zinc, and 3% lead. Vein #2 - 770 g/t silver, 27% zinc, and 11% lead.
- Discovered gold/silver vein just 1.5 km from the mill (San Felipe).
- Outlined, to date, San Felipe to 850 m length, 400 m at depth, open in all directions.
- Channel samples averaged 10.06 g/t gold and 149.85 g/t silver.
- Champinon, 370 acre iron ore project, with grab samples ranging from 62% to 68% iron.
- El Oro iron ore project sampled 60+% iron, 6 g/t gold and 4% copper.
- Two gold/copper systems - 17 g/t gold, 7% copper and 350 g/t silver.
- Two additional silver/lead/zinc systems - 400 g/t silver, 8% lead and 9% zinc.
- Identified one structure as being 5 km in strike, approximately 5m wide with surface sampling returning 350 g/t silver, 9% zinc, and 8% lead.
Currently focused on further definition of known mineralized structures and the development a district wide operations and mine plan.