Porvenir Tungsten/Moly - Peru
100% - Golden Phoenix has entered into an Amended Purchase Agreement to acquire a 100% interest in the Porvenir Tungsten/Moly Stockpile and the Porvenir Tungsten/Moly Mine through its wholly-owned Peruvian subsidiary.
- Project size: 6200 hectares (total for all Peru properties)
- Recently secured adjacent land encompasses the area along the strike projection of the three main veins.
- Additional assay work is being planned to evaluate the potential for other economic metals within the poly-metallic system hosted at Porvenir.
- Tungsten and molybdenite that is contained in the surface stockpiles on the Porvenir property is expected to be monetized through eventual production.