Flash Player is required to play this animation
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| |
Flash Player is required to play this animation | | | |
| | | | | |
| | | | | |
| | |
TSX Venture Exchange: MNV
Frankfurt (Xetra) Exchange: M2Q
Deutsche Investoren klicken bitte hier PROJECT UPDATES ON WEBSITE:
| | | | MEXIVADA MINING CORP. is a junior mining and exploration company that controls gold-silver and rare metal properties with World-Class Potential. Mexivada is interested in securing Joint Venture partners, that went public on the TSX Venture Exchange in 2005, trading under the symbol "MNV." Mexivada controls gold-silver, tellurium (photovoltaics), diamond, molybdenum and uranium prospects in Nevada, Mexico, and the "ROC" Republic of Congo (Brazzaville). Mexivada's team of experienced geologists and mining engineers has been associated with discoveries and mine developments worldwide. Management controls a large shareholding in Mexivada. We are committed to increasing shareholder value through mining, exploration discoveries and by Joint Ventures. If your company is interested in joint venturing any of our properties, please contact us at or by calling CEO Richard Redfern directly at (1-775) 934-4675. Mexivada explores for and acquires mineral properties that show potential to yield economically mineable, high grade deposits of precious and rare metals and diamonds. The company's principal focus is on finding properties with the geologic potential for "world class" deposits of 3- to 5,000,000 ounces of Gold or $1 billion of Diamonds, such as our Gold Jackpot and Goldstorm, Nevada and ROC Congo gold and diamond projects. NEVADA PROJECTS: Mexivada currently controls 7 projects in Nevada, the home to many world-class gold, silver, and molybdenum deposits. Nevada companies are mining several giant, 10-20,000,000 ounce gold deposits, in the Carlin, Getchell-, Cortez-Eureka, and Round Mountain Trends. Mexivada is in the heart of 3 of 4 of these major gold Trends. GOLD JACKPOT Au-Ag-Te-Pb-In PROJECT: Mexivada Mining Corp. staked and controls 103 mining claims at its high-grade Gold Jackpot property in Elko County, Nevada. The claims are on the east edge of the Contact Mining District on the newly discovered Pequop Gold Trend. The property lies 30 kilometres ("km") southeast of Jackpot, approximately 70 km due north of AuEx-Fronteer-Agnico Eagle's Pequop/Long Canyon new gold discoveries, and south of Fronteer Development's Gollaher gold property. The Gold Jackpot claims lie northeast of Mexivada's Opal Spring gold-uranium property. Sediment-hosted gold mineralization containing up to 16 grams per tonne ("g/t") gold, 239 g/t silver, 393 g/t tellurium, and 2% lead crops out along a 6 km length of the Gold Jackpot property. Possible porphyry-related or epithermal gold mineralization crops out in the Devil's Pass target area, where an unknown company was reported to have drilled two exploration holes in the early 1980s along the eastern periphery of the west-dipping gold system, encountering a drill intercept of plus 12 metres long averaging approximately 1.7 g/t gold. Rock chip sampling in the northern part of Gold Jackpot target area by Dr. Criss Capps returned gold values of up to 1.282 ppm gold and local anomalous silver and arsenic values as well; tellurium was not assayed. Mexivada considers the Gold Jackpot area to have excellent potential to yield a large-size, multi-million ounce gold deposit present at shallow depths. The rocks seen on the property to date are oxidized, so open pit, heap leach methods perhaps could be utilized if sufficient ore is found from exploration of the property. This unpopulated area has good access, does not have any apparent environmental problems, and sufficient room is present for large scale mine facilities and dumps/heaps. Most of the gold targets on the property have never been tested by drilling. Mexivada's consulting geologists have begun detailed geologic mapping and sampling at Gold Jackpot and will develop a drilling exploration strategy. GOLDSTORM Au-Ag PROJECT: Mexivada and its new joint venture partner West Kirkland Mining Inc. (R. Michael Jones and Frank Hallam of West Timmins Mining, Mag Silver, and Platinum Group Metals) control more than 148 lode mining claims (2,960 acres) and 1,120 acres of private land at our Goldstorm Au-Ag property in Elko County, Nevada. Goldstorm lies directly on the Northern Nevada Rifts Gold Trend and near the intersection of the Carlin and Getchell Gold Trends (+100,000,000 ounces of gold), just northwest of the Midas Mine and just northeast of the giant Twin Creeks-Getchell mega gold mine complex of Barrick and Newmont Mining. Goldstorm has had 51 exploration holes for Midas-style gold deposits drilled on certain parts of it by Touchstone, Romarco, Crown Resources, and Newmont (3 holes). A high-grade (39 g/t Au) gold mineralization was found at the surface. Goldstorm also has excellent untested, large-scale Carlin-style gold-silver gold targets with multi-million ounce gold potential along a 7 kilometre long uplifted "horst" that may have brought mineralization and Paleozoic target rocks to within 200 top 300 metres of the ground surface; excellent targets that have never been drill tested. Mexivada completed a soil sampling test program here along possible gold feeder faults, and an Induced Polarization survey, which validated the shallow-depth gold targets. This property has potential for a +5,000,000 ounce gold mine, using a Leeville Mine-type Carlin-style gold deposit model. Metallurgically compatible milling facilities are present at Newmont's Midas Mine, situated 18 km to the southeast of Goldstorm, and at the Twin Creeks - Turquoise Ridge mines complex. ZIGGURAT Au PROJECT: Mexivada is searching for a Joint Venture partner for drilling at its 100% controlled Ziggurat Carlin-style gold prospect (+500 acres), situated within the Round Mountain-Northumberland Gold Trend, north of Barrick-Kinross' 15,000,000 ounce world class Round Mountain Gold Mine and its +1,000,000 ounce Gold Hill gold mines, and just south of Fronteer Development's large, +3,00,000 ounce Northumberland Mine gold mine. Mexivada recently completed geochemical and geological surveys at Ziggurat, and found a new gold "feeder zone" with gold values to 0.5 g/t Au in adjoining flat-lying thrust fault structures. The Ziggurat gold property is ready for JV and drilling. Ziggurat holds good potential for discovery of a large, multi-million ounce Rodeo Mine sub-type, Carlin-style gold deposit, with gold mineralized Upper Plate (?) rocks present at the surface on the property and Lower Plate limestones perhaps present at favourable depths. One Nevada-experienced geologist interpreted these rocks to be the gold-favourable Roberts Mountain Formation. The most favorable parts of this property have never been drilled, and 2 gram per tonne gold-bearing rocks crop out just northeast of the drill targets, along a major regional feeder zone. Ziggurat is ready for permitting and exploration drilling. Fronteer Development recently conducted exploration drilling, just north of the Ziggurat claims boundary in its Hilltop target area! JEFFERSON Au-Ag-Te-In PROJECT: Mexivada is searching for a Joint Venture partner for drilling on its large-scale Jefferson gold- silver-tellurium-indium property, which is situated immediately east of Barrick/Kinross' 15 million ounce Round Mountain open pit gold mine along a major, regional gold feeder fault structure. Jefferson has substantial drill-indicated gold and multi-million ounce silver resources that were delineated prior to the advent of NI 43-101, and it contains significant tellurium mineralization and locally anomalous indium with the precious metals. A representative of World Industrial Minerals, a subco of First Solar Corp. (FSLR-NYSE) contacted Mexivada about its tellurium mineralization at Jefferson. POKER FLATS Au PROJECT: Mexivada also is searching for a Joint Venture partner for drilling its Carlin-style Poker Flats Au Carlin-style sediment-hosted gold project (500 acres) near Carlin, located on strike adjacent to Newmont's Emigrant Springs project that is now undergoing mine development. Drill targets at Poker Flats have already been selected and prioritized, and are ready for permitting and drilling. OPAL SPRING Au-Ag-U-Mo-Te PROJECT: Mexivada controls the Opal Spring Carlin-style (?) gold prospect in northeastern Nevada, which also shows outcropping, fault-controlled uranium-molybdenum adjoining and on strike with the Prince Uranium Mine property controlled by a private, 3rd party company. Mexivada is searching for a Joint Venture partner for the projects area. An unknown company drilled holes on the nearby Gold Jackpot target area in the early 1980s, finding gold mineralization at the surface, and drilled rotary exploration drillholes reported to contain local 1.7 g/t gold assay values. The Prince Mine area has never been drilled, to the knowledge of the company. MOLY DOME Au-Ag-Te-Mo PROPERTY: Mexivada controls lode claims on the Moly Dome porphyry/Cripple Creek style (?)- Gold-Silver-Tellurium-Molybdenum prospect, situated within the Nevada-Idaho Molybdenum Trend, east of the possibly similar Ashdown Mine near Denio. Mexivada completed an initial, 3-hole Phase 1 core drilling test at Moly Dome, which recovered wide intercepts of moly mineralization and local high-grade silver-tellurium-gold mineralization associated with carbonate veining that could indicate a hidden Cripple Creek style gold-tellurium system. This Mo-Au-Ag-Te mineralization is exposed at the surface, along with "float rock" indications of anomalous rhenium mineralization. In addition, the property holds potential for discovery of a Carlin-style gold deposit, with Carlin age (40 Ma) volcanics and gold-mineralized feeder zones present on the property and Lower Plate limestones likely present at favourable depths, beneath gold-mineralized upper plate rocks of the Valmy Formation. MEXICO PROJECTS: Mexivada is searching for a Joint Venture partner for its 2 gold- silver and tellurium projects in northern Mexico. The advanced-stage Yécora Au-Ag-Zn-Pb project is located in the Sierra Madre Occidental gold-silver Trend of northern Mexico, near the Mulatos, Ocampo and Pinos Altos Mines. Coeur d'Alene Mines, owner of the on-trend Palmarejo silver-gold property, controls exploration concessions at Yécora located inside of and surrounding Mexivada's 1041 hectare property, but has yet to do significant work on them. Mexivada has completed Phase 1 core drilling at Yécora, which yielded good gold and silver assay results with local very high-grade gold and silver. The property hosts high-grade lead-silver mineralization in the southwestern part of the property, which has never been explored for Peñasquito-style Au-Ag-Pb-Zn mineralization. Mexivada wishes to Joint Venture the Yécora project, and is open to proposals from qualified third parties on how to best advance it. Mexivada also controls other exploration concessions in northern Mexico, for gold, silver, and tellurium. We are searching for JV partners on these properties also. Our AuroTellurio project for gold, silver, and Tellurium is located near Moctezuma, Sonora, northeast of Hermosillo, Sonora, adjacent to one of the world's highest grade tellurium-gold-silver mines, the Mina La Bambolla. This property was staked to surround a new tellurium-gold mine reportedly under mine construction by World Industrial Minerals, an offshoot of First Solar Corporation (FSLR: NYSE). Mine personnel sinking a shaft there (Mina La Bambolla) told Mexivada geologists that tellurium values of up to 4 kg/ton were found there. Tellurium is a critical, expensive, rare metal component in First Solar's photovoltaic solar panels, selling for up to more than US$300/kg in 2008. Gold values of 4 g/ton and silver values of 5 g/ton were reported in the old sampling of the Bambolla Mine by SGM, the geological survey of Mexico. Mexivada controls the entire eastern lateral extension of the main Bambolla vein system, and also controls 100% of the outcropping La Viuda Au-Ag-(?Te?) vein system that lies parallel to the Bambolla system, in a down-thrown fault block on the south flank of the uplifted and eroded Bambolla Mine block. La Viuda possibly may contain a tellurium zone at depth, similar to Bambolla, and no drillholes are believed to have been drilled anywhere in the La Viuda area. Mexivada wishes to find a JV partner for its AuroTellurio property. EXPLORATION AND SMALL-SCALE MINING FOR CASHFLOW: Mexivada explores for and acquires mineral properties that show potential to yield economically mineable, high grade deposits of precious and rare metals and diamonds. The company's principal focus is on finding properties with the geologic potential for "world class" deposits of 3- to 5,000,000 ounces of Gold or $1 billion of Diamonds, such as our Gold Jackpot, Goldstorm, Nevada and ROC Congo gold and diamond projects. Recently, Mexivada changed its business plan to include the rapid development of small-scale mining projects for gold, diamonds, and rare metal deposits, where rapid cashflow may be earned. The company is evaluating several fast-track small-scale mining opportunities around the world, in business-friendly environments. Mexivada presently is evaluating its 100% controlled Ngouaka-Bangadi-Mingassa and Riviere Bambounga gold eluvial and placer systems for rapid start-up of simple gravity-recovery gold and lode gold mines in the ROC Congo (Brazzaville) on its 100% controlled Permis des Recherché exploration concessions, as an adjunct to lode gold and diamond exploration. Mexivada has two experienced mining engineers on its work staff. "ROC" REPUBLIC OF CONGO (BRAZZAVILLE): Mexivada signed a Convention document with Hon. Mines Ministre Pierre OBA of the government of the Republic of Congo on August 30, 2009 in Brazzaville, granting title to the Permis de Recherches ("PR") concessions granted to Mexivada by the Government. Mexivada is proceeding with detailed exploration of its PRs while searching for a substantial financing or Joint Venture Partner to further explore and mine its large, exclusively-held gold and diamond concessions in the ROC. The main targets for surface gold mining evaluations and drilling are 1) The new MOUSSONDJI target area, where up to 1500 prospector-miners were extracting gold on a + 3 square kilometre area, and 2) the 5 kilometre long NGOUAKA-Bangadi-Bambougna gold zone, from which a 1 Kg gold-quartz vein slab "nugget" was mined prior to 1960. The stable and peaceful ROC is a separate country that lies to the north of the Democratic Republic of Congo ("DRC"), with which it is often confused. Mexivada now controls four Phase 1 prospecting permits that cover 2240 square kilometres ("sq. km") and five exclusive, Phase 2 "PRs" that control 1990 square kilometres for gold-and- connected substances and raw diamonds near Mayoko, in the southwest part of the ROC near the border with Gabon. The projects are centered on the Archean Mayoko Greenstone Belt, a past producer of alluvial gold and large gem diamonds. More than 33,600 ounces of alluvial gold, including a 1 kilogram gold nugget, and a 22-millimetre (+75 carats) world-class white gem diamond and a 7.0 millimetre (approx. 1.5 carats) "blue/yellow" diamond were recovered after World War II from Mexivada's exclusive Malambani concession area at Mayoko, and a reported "10 millimetre" diamond later was recovered by local prospectors near Mayoko at Makoubi. Recently, a new "gold rush" has begun adjoining our Malambani concession where up to 1,500 artisanal miners are exploiting a placer gold deposit near Moussondji. Mexivada has applied for a PR covering the Moussondji area. Gold: Mexivada's focus in ROC is on the discovery of large-scale, plus 1,000,000 ounce lode gold deposits, in addition to evaluating the known, substantial, high-grade placer gold deposits on site. Placer gold mining operations could be started up in relatively short order, with some deposits containing large gold nuggets and grades of up to 8.8 grams per cubic meter of coarse particulate (panned) gold. Mexivada is exploring three 14 to +21 km long gold belts at Mayoko. At least four types of Archean lode gold deposits currently are recognized by Mexivada in the greenstone belt sequence at Malambani, including 1) Intrusive-related Disseminated gold-bismuth enriched zones at Ngouaka - Mingassa, FMI and Tsopo could represent open pittable targets of "Fort Knox"-type gold ); 2) Shear Zone hosted gold-quartz-(sulfide) veins along fault / formation contacts, such as at Bambounga, where a 1 kilogram gold-quartz vein slab "nugget" was mined; 3) Musselwhite-type BIF-hosted feeder- type disseminated and replacement gold mineralization in pyrite-gold-quartz sulfidation zones in and near banded oxide facies iron formations, as at Lemagna, where gold values to 11 grams per tonne in 1 m channels were taken by Mexivada; and 4)Metaconglomerate-hosted gold and diamond mineralization was reported by Russian investigators to occur near Mayoko. Diamonds: Mexivada has discovered alluvial diamonds in several places on its concessions, including, a new area located in the 9 by 12 kilometre "NE Diamond Corridor" near Mexivada's modern, satellite internet-equipped field office complex at Mayoko. Mexivada also recently discovered a new area at Lepandza with two white diamonds found, including a nice 1 carat stone, and apparent kimberlite-associated chromite, after recovering a "G-10" pyrope garnet. G-10 garnets typically are associated with diamondiferous kimberlites; meaning that a pipe could lie very nearby it. Mexivada also recently discovered macro diamonds at Madoka, where 3 additional diamonds of up to 4.5 millimetres in size were found, with 2 being gemmy and 2 of the 3 being colored stones, and a 3.5 mm white gem quality diamond at Bouawsa. Mexivada would like to find a joint venture partner to evaluate the diamond potential of its properties. Several diamond-bearing target areas are present in our Bitsandou permit area, located south of Malambani, including Carrefour, Bikelele, Mahouta, and Mpoukou, where prospectors reported that alluvial diamonds up to 4 carats in size were recovered. Unsuccessful initial excavator testing was conducted at Bikelele in 2007. Historically, a 4500 carat alluvial diamond resource was outlined by Russian work in the late 1960's near Bikelele, and 17,000 carats of alluvial diamonds were mined after World War II by SOREDIA from the nearby Nzambi area. Mexivada collected diamonds at Bitsandou, including a 0.15 carat flawless, inclusion-free, fancy coloured diamond gemstone of light blue-green color, and several gems of orange brown colours. | | | | |
| |  | | | |
