El Habal
The El Habal precious metals project comprises 4,000 hectares and is located 75 kilometres east of the modern coastal port of Mazatlán, and 10 kilometres on a paved road from the historical mining town of Rosario, Sinaloa, Mexico.
El Habal’s mining concessions cover a 6-kilometre-long by 1-kilometre-wide trend, containing a series of historical shallow and small-scale underground artisanal mining sites, resembling the Rosario Mine’s geology. The following royalty interest and purchase rights are related to the El Habal: 1.0% NSR to Minera Camargo, with a full or partial buyback for US$1.0M per 0.5% NSR, 0.5% to Erme Enrique Minjarez and option to Sandstorm to purchase 1% NSR for US$2.0M.
El Habal hosts excellent infrastructure for future mine development.
Click here for the NI 43-101 Report.