The Mimbres Property is a large tonnage, buried, porphyry copper exploration target with 16 widely spaced holes drilled by Kennecott Copper Corporation in the 1970's. Copper mineralization and strong porphyry and skarn alteration was intersected in almost all drill holes. The altered and mineralized deposit is completely covered by post-ore volcanic cover, with shallow depths to the north and increasing to 600 to 1600 feet to the southwest. Only selected drill holes and intervals were assayed in this Kennecott Copper Corporation 1970's exploration program. The core drilling outlines alteration and mineralization developed around a quartz monzonite porphyry stock and flat-lying diorite porphyry sills, similar in size to the Chino deposit to the north. Extensive garnet, diopside and actinolite-biotite skarn with 50 foot intervals of up to 10% pyrite and 0.5 to 1.0% Cu occurs in the upper Paleozoic and Mesozoic altered sediments and Laramide porphyry intrusions. The Mimbres porphyry copper system has a similar zoning pattern to mineral deposits at Chino, Continental, Pinos Altos and Tyrone in the Silver City Area.

A total of 7 exploration targets have been developed to extend mineralization and explore for near surface leachable copper oxide/chalcocite mineralization in the Cretaceous Beartooth quartzite. Good potential exists for high-grade copper sulfide breccia targets along a northeast trending horst and graben structures adjacent to the Larmide porphyry stock. Potential targets and byproduct mineralization of gold, silver and molybdenum may occur in the Paleozoic skarns and Laramide porphyries.

_________________________________________________________________________

Location Map