LOGIN  |  CONTACT US

Gold $1775.80 US  |  Silver $34.26 US
Home Exploration

Extensive Exploration Potential

As part of its organic growth plan, AuRico has an aggressive and diversified exploration program to discover and delineate new gold-silver resources in Mexico that covers all phases of exploration, from grass-roots prospecting to resource and reserve definition. This program is designed to not only replace mine depletion, but to grow the company’s production profile through new discoveries near existing mines and in new projects elsewhere in Mexico.

The Company presently controls a large land package in Mexico that includes 147,800 hectares in Mexico, including 14,641 hectares in the Ocampo mine area. Since 2009, the Company has undertaken an aggressive drilling program. In 2009 the Company completed 115,493 metres drilling at Ocampo, 11,649 metres at the El Cubo mine, for a total of 127,492 metres.   During the first eight months of 2010 the Company completed another 75,637 metres drilling at Ocampo, 21,638 metres at El Cubo, 5,188 metres at the Guadalupe y Calvo advanced exploration property and 350 metres at the Mezquite project for a total of 102,813 metres. The Company anticipates completing a total of 150,000 metres drilling by the end of 2010. The Company has in place a robust exploration team that includes 26 experienced and dedicated professionals.

 

mexico_mines_exploration_projects_3

RT90084.jpg
TSX:AUQ | $9.44 | +0.12
NYSE:AUQ | $9.44 | +0.09
  • 25 Feb

    February 26-29 in Hollywood, Florida. Presentation will be available on February 26th.