How does Solex plan to proceed with the Macusani project to create value?
A. Solex and its joint venture partner, Eldorado Gold Corporation, are the first companies to begin drilling the Macusani Uranium District in an effort to uncover the region’s uranium potential. As such, much has yet to be learned and understood about the geological setting of the region and how mineralization is controlled. Solex and its JV partner’s goal in 2008 is to establish an initial Inferred Resource Estimate on the Macusai East JV project based on drill results from a 24,000-metre drill program in 2007 (conducted on a less than 50% of the first seven of over 53 targets on this single project). • Q. Why explore in Peru? A. With over 500 years of mining activities in the country, Peru has one of the most successful track records of base and precious metal exploration and discoveries in the world. In fact, in a study commissioned by Canada’s Fraser Institute, Peru was rated in the top 20% of world mining jurisdictions for its pro-mining policies, mineral potential and protection
Related Questions
- There is some information (e.g., project number) that I don know yet; how much information do I need to create a plan and cost estimate?
- Does this project affect the National Park Services (NPS) plan to create the Georgetown Waterfront Park?
- How does Solex plan to proceed with the Macusani project to create value?
