The Hunza Mine is in the Boyacá Province of east-central Colombia, 200 km northeast of the city of Bogotá.
The concessions can be reached by road and consist of three coal titles, comprising a tenure parcel of 567.8ha, where active artisanal underground mining is currently underway on one of the titles.
The concessions are permitted to produce about 1.6 million tonnes annually.
Norwest Corporation, a US based coal consultancy, has earlier found that the three mining titles have a reasonable in-place coal tonnage of high quality, medium volatility metallurgical coal.
MMEX is an exploration stage company engaged in the acquisition and development of coal and other mining assets in South America.
