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Arizona & Mexico Projects |
Many of the world’s largest copper, gold and base metal mines are located within a major tectonic zone that extends from Alaska through North, Central and South America to southern
Chile. Most of the mineral deposits within this zone are closely associated with igneous rocks intruded into older sedimentary and volcanic sequences during Mesozoic and Tertiary times. Deposit types in the region include epithermal (Au-Ag), porphyry (Cu-Mo-Au), skarn (Cu-Pb-Zn-Mo) and manto (Pb-Zn). Arizona and Mexico are part of the same geological belt in age, rock type and types of mineral deposit.
In Arizona and Mexico, Global holds two porphyry projects: New Morenci and Los Graceros. These projects lie within a cluster of major porphyry copper-molybdenum deposits extending through south-western USA and northern Mexico. These deposits (with total production and resources) include Bingham (3.1Bt at 0.7%Cu), Mission (1Bt at 0.65%Cu), Ray (1.2Bt at 0.9%Cu), San Manuel (1.7Bt at 0.6%Cu), Twin Buttes (1.5Bt at 0.7%Cu), Resolution (1.3Bt at 1.5%Cu), Cananea (2Bt at 0.7%Cu), and La Caridad (2.5Bt at 0.5%Cu).
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