The Zuna Exploration permit granted for 750 Ha for mineral exploration, and the permit is located approximately 10km south of the town of Huejuquilla el Alto and encompasses the Butte ‘Salitre’.
Testing was done at Zuna during staking in 2006, and thirty six samples were submitted for fire assay.
The average results of all samples yield 2.13 grams per ton of Au and 126 grams per ton of Ag.
At the moment, the company has estimated a 5,000,000 ton deposit (non NI 43-101 compliant) and with extensive drilling the amount may increase significantly.
Headquartered in Phoenix, Arizona, Bonanza Goldfields is engaged in the acquisition, exploration and development of natural resource properties.
