In taking over Mexican-based Cerro de Cobre, Exall Resources (TSE) will acquire options on three Mexican copper properties: Santo Tomas, Verde Grande and San Martin.
Combined, the properties are estimated to host reserves of more than one billion lb. copper. The most advanced is the Santo Tomas copper porphyry deposit, which has preliminary reserves of 195 million tonnes averaging 0.52% copper. Field work is planned for the Santo Tomas deposit, a well as the Verde Grande.
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