El Arco, Mexico

El Arco Highlights

El Arco is located in the Central Plateau gold and silver belt, near the historic silver/lead/zinc district of Tejamen. El Arco demonstrates low sulphidation epithermal-style banded quartz veinlets similar to those found at the surface in the La Cienga District. Surface samples have confirmed the presence of both high grade gold and silver.

The project consists of one mineral exploration license which covers approximately 3,381 hectares. Goldex has the exclusive rights to purchase a 100% ownership interest in the property for $500,000 (USD) for the ten year duration of the agreement. The previous owner shall be entitled to receive the Net Smelter Royalty up to 1%.