Valterra is exploring for mineral deposits in British Columbia, Canada, Nevada USA and Chihuahua, Mexico. The company is well-structured with an experienced geologic team, management group, and Board of Directors.
The recent acquisition of the Los Reyes Project in Chihuahua, Mexico adds an exciting early stage, high-grade Cu-Au skarn target within an underexplored area east of the historic mining community of Hidalgo de Parral, with artisanal mining of near-surface oxides reportedly containing grades up to 8% Cu.*
Surface sampling of waste dumps in November 2019 related to the artisanal workings and limited outcrop chip samples returned 22 of 28 samples with Cu values >1% Cu at an average grade of 3.1% Cu and up to 5.9% Cu. The anomalous samples contain elevated precious and base metal values up to 0.57g/t Au, 25.3g/t Ag, 0.47% Mo and 1.7% Zn. Anomalous samples were collected along the full 800m strike-length of the exploration target on the property with most of the samples collected in 5 clusters adjacent to open cuts and pits related to the historically mined portions of the trend.
Valterra's Weepah project in Nevada adds a high-grade, past producing gold property located in the prolific Walker Lane Gold Belt.
Due diligence sampling by Valterra in the Weepah pit confirmed earlier reported high-grade sampling by others and includes:
Valterra is also active in south-eastern BC at Salmo and controls the >8,300 hectare ‘Swift Katie’ Au-Cu-Ag porphyry system which also includes a high-grade gold system at the southern Swift target. The ‘Swift’ target has been a main focus for Valterra in recent years. Highlights from the 1980s and from Valterra’s 2014, 2016 and 2017 diamond drilling includes:
* Historical assay results have not been verified by Valterra and should not be relied upon.
In 2017, drilling successfully offset two high-grade gold zones located along a 1,000 metre strike-length of the Swift gold structure.
The ‘Katie’ deposit is an alkaline Cu-Au-Ag porphyry system. The potassic core has elevated Cu and Au values and is surrounded by a broad propylitic zone. Sulphide minerals include pyrite, chalcopyrite with minor sphalerite, tetrahedrite, bornite and molybdenum.
The project has excellent infrastructure with major highways nearby, established forestry routes on-site, proximal high capacity power network nearby and a skilled regional workforce (pop. >25,000 in the district). Moreover, BC/Canada provides many generous investment and tax advantages in a politically stable jurisdiction.
|Company Name||Valterra Resource Corporation|
|Address||Suite 1100, 1199 West Hastings Street|
ZIP: V6E 3T5
|Hours of Operation||NA|
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|Fax Number||Locked content|