Trimax Corp
Trimax Corp Properties   Mining in Sonora
       
 
 
 
 
 
 
  MINING IN SONORA, MEXICO
There are numerous international mining operations in close proximity to the Trimax’s properties. These include:

Newmont’s La Herradura Mine – Newmont holds a 44 percent ownership interest in the open pit La Herradura operation, located south of Mesquite in the state of Sonora. Newmont sold 86,000 equity ounces of gold from the mine in 2007. The mine’s remaining gold reserves is reported to be 3.6 million ounces at the end of 2007. Additionally, the mine has 11.6 million tons of non-reserve mineralization.

Pan American Silver’s Alamo Dorado Mine – Alamo Dorado is Pan American Silver Corp.’s only open-pit mine and is also located in the state of Sonora, approximately 200 miles from the state capital of Hermosillo, and commercial production began in early 2007. Alamo Dorado will generate 75 percent of its revenue from production of silver and the remainder from gold, making Pan American the world’s premier primary silver producer.

Alamos Gold’s Mulatos Gold Project – A precious metals exploration and development company, Alamos’ Mulatos project is an advanced gold deposit currently in the bankable feasibility phase of development. As of the end of 2008, updated mineral reserve estimate of proven and probable reserves was 2.05 million contained ounces.

Capital Gold Corp.’s El Chanate Mine – The company owns 100% of 16 mining concessions located in the State of Sonora. This totals approximately 3,544 hectares and includes 466 hectares of surface rights at El Chanate. Mine construction was completed in 2007 and the company produced 50,000 ounces of gold in 2008.

Sierra Minerals Inc.’s Cerro Colorado Mine – Located in Sonora State, the mine began production in 2006 and mined 15,000 ounces of gold. It was expected to double the mine output to 30,000 by 2008. Structurally the Cerro Colorado gold deposit sits adjacent to the La Cienega Fault, that runs in a northwest direction through Sonora. The mine has estimated resources of 192,000 ounces of gold.

Frontera Copper Corporation” Piedras Verdes Mine – The mine is located in the southern part of the state of Sonora, 21 kilometers from the town of Alamos. Commercial production started in 2006, and by the end of 2007, 62 million pounds of "LME Grade A" quality copper cathode was produced. A total of 1,018 million pounds of copper are projected for production between 2008 and 2024, at an annual capacity rate of 70 million pounds.


 
 

 
       
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