Madoro Metals Corp V.MDM

Alternate Symbol(s): MSTXF

Metals & Mining Industrial Metals & Minerals

Madoro Metals Corp. is a precious metals company engaged in the evaluation, acquisition, and exploration of mineral properties in Mexico and Canada. It is engaged in the exploration of three gold-silver projects in the state of Oaxaca, Mexico. The Yautepec, Magdalena and Rama de Oro projects each consist of epithermal systems that are prospective for precious metals in structural and geologic setting. It also owns a 50% interest in the Ralleau mineral property in the Urban Barry District, Lebel-sur-Quevillon area of Quebec. The Yautepec project comprises over 12,000 hectares of epithermal targets 22 kilometers southeast of Gold Resource Corporation's producing Arista-Switchback mines. The Magdalena project comprises a single 480-hectare property centered on altered volcanic rocks 20 km southeast of Gold Resource Corp's active Arista-Switchback Au-Ag mines. The Rama de Oro project comprises of 1,940 hectares at the northwestern terminus of the Oaxaca Au-Ag polymetallic volcanic belt.