NI 43-101 Technical Report. Preliminary Resource Estimate for the El Cajon Borate Deposit Magdalena Basin Project, Sonora, Mexico / Предварительная оценка ресурсов для проекта по разработке месторождения боратов Эль-Кахон в бас. Магдалены, Сонора, Мексика

The Cajon Borate Deposit lies within Bacanora Minerals Ltd’s Magdalena Basin Project area in the state of Sonora, Northern Mexico. The Magdalena project consists of 2 concession blocks covering a total of 15,508 hectares. The concessions are 100% owned by Bacanora’s Mexican subsidiary: Minera Sonora Borax S.A. de C.V., subject to a 3% royalty to a Rio Tinto subsidiary and a 3% gross over-riding royalty to Colin Orr-Ewing. The property is road accessible and located 17 kilometres east of the town of Magdalena de Kino and has excellent access from that centre, either by rail or truck, to local markets for borate or to overseas markets from the port at Guaymas. <...>