This property is bordered by Corex Gold Corp (TSX-V: CGE) on two sides and in the same general area as the Mulatos mine of Alamos Gold Inc., Dolores mine of Minefinders Corp Ltd., and Ocampo mine of Gammon Gold Inc. There are literally producers and past producers in every direction from Guadalupe!
The value of the transaction to take the Company public was based primarily around previous equity financings to $1.5 million. Of which $1,354,000 is the audited amount of work spent on or in support of work to advance the project at site. In summary from 2008 thru to the fall of 2009 this consisted of:
The Company has filed this report on SEDAR (www.sedar.com).
