Growth through Acquisition,
Exploration and Development
Exploration and Development
| Location: | The Tepal Project is located in Michoacan State, Mexico. The project is 70 kilometres west of Apatzigán and 170 kilometres south of Guadalajara, one of the largest cities in Mexico. |
| Deposit Type: | Copper-gold porphyry with silver and molybdenum values. |
| Communities: | The town of Tepalcatepec in 15.5 kilometers from the property. |
| Infrastructure: | Access and infrastructure are excellent, with paved roads, deep sea port access, and low topographical relief. |
| Properties: | The Tepal Project is comprised of five concessions totalling approximately 1,400 hectares (138 square kilometres). |
| Ownership: | ValOro has acquired a 100% interest in the Tepal Property by way of an Option to Purchase Agreement with Arian Silver Corp. |
| Royalties: | 2.5% NSR payable to Minera Tepal S.A. de C.V. ValOro has a Right of First Refusal on the purchase of the NSR. |
