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Lower plate carbonate rich sediments are exposed below the Roberts Mountain Thrust within an area called the Cortez window. These lower plate sediments host over 90% of the gold found within the Carlin and Battle Mountain- Eureka trends. In the Toiyabe project area gold mineralization is hosted within a similar geologic setting. The stratigraphy, structure and alteration are analogous to that found at nearby Cortez, Cortez Hills, Pediment, Horse Canyon and Pipeline deposits. See more details at gold production Mexico.
The San Martin project is located 50 km east of the City of Querétaro in Querétaro State, and about 250km northwest of Mexico City. The city of Queretaro boasts a population of over 1 million people and is one of the safest states in Mexico. Major companies such as Bombardier Aerospace, Safran, Eurocopter, and Canada’s Héroux-Dvetek all have operations in Queretaro. In 1982, the area of San Martin was declared a National Reserve; however, by 1986, Luismin (previous owner) had reached an agreement to conduct exploration/exploitation in the area. Mining began in 1993 at 300 tpd and the production increased on a yearly basis to the present rate of 747 tpd with the capacity of 900 tpd.
Starcore International Mining and El Creston Property development news: The Creston property is located within the Basin and Range Province. The Province, extending from northern Mexico to southwestern United States hosts several porphyry copper and/or molybdenum mines and deposit including Creston that are related to a Laramide (~90-40 Ma) magmatic-orogenic event. Mapping and Astar Imaging of the Creston Property has outlined a 5.5 km x up to 1.5 km wide, east-west, trend (Creston) of hydrothermal alteration related to Laramide aged quartz monzonite intrusions. The trend is elongated east-west due to subsequent displacement by low angle faulting. Within the Creston Trend several zones of low fluorine porphyry style, molybdenum and/or copper mineralization including the El Creston Main/RedHill (Creston Deposit) occur. Most of the molybdenum mineralization within the Creston Trend is associated with potassic and phyllic (quartz-sericite) alteration, often accompanied by various degrees of silicification. Read more info on https://starcore.com/.