“The Noche Buena project consists of two separate mining concessions comprising approximately 1,000 hectares which expire in 2052. Access to the concessions has been granted to Seabridge by the surface owner. The project is accessed by way of Mexico paved Highway #2 between Caborca and Sonoyta, Mexico and then by a 27 kilometer dirt road directly to the site”

http://seabridgegold.net/News/Article/70/seabridge-to-acquire-noche-buena-gold-project

“The Caborca Project consists of 7,400 acres (3,000 hectares). On or about July 11, 2011, we acquired five additional claims surrounding the Caborca Project consisting of approximately 1,000 additional acres.”  Makes  about 3,400 ha  or  3.4 times  sized.

Oct  ’12  report  was surface samples  with no serious  lab drill assays which should be  included now  in  Fresnillo’s  DD as they were  made available as  cores  logged around  100-200′ max  .  I’d fail to see how  they’d  not take  the  trouble  to have them checked  closely if  a  serious  attempt  made  to reach any  deal.  I know PT did not  bruise any  egos taking all that time to let them eval  thoroughly while  everybody  bitched over inactivity even though placer  was  constantly  being  relocated same  period as blast  permit  submitted . As  a much bigger,  better sited  process is not about to do same 2 oz   daily. Would  still make sense for  them to  join on  but  after spending  own resources  to  set up the resource  drilling and process that  nag’s left the  barn. Will be using  same Mex Highway 2  for  decades, wave on  way to the bank  (Sound of  one hand holding for atheists   in the fox hole).

 

Best I’m  aware  PT’s always   crossed T’s and dotted I’s but NEVER enough  so one needs to stop attacking normalcy.

Link reference   got  a little distant using Carl Sandburg’s  elderly  next  door neighbor,    Julia  Abigail  Fletcher Carney’s, “Little  drops of  water, little  grains of  sand” etc… Nothing  big’s  done at once. Granny was  a Fletcher,  a  Texas  rancher’s   daughter and Grandpa was  1/4  Cherokee   Indian Territory, Ashley, cotton farmer.  Edited  it out  but love  the  hoe down song.

 

 

Negotiations with  “Canadian  Miner”   were  not continued  after  Aug  25 PR,  a prospective  “Major Miner”  we know for  certain was Fresnillo   came under consideration Oct 17th PR.  Were allowed on site to survey, map and  sample  with  agreement they would  release  their  Due Diligence  findings.  Mexus  was keeping options  open  with discussions  with other miners said now still ongoing.  We know  the When,  Jan 26th,  with the If,  a  rejection of the inadequate offer by  Fresnillo.    Based on what I think I see hearing ( hear  seeing?)  it  was the  ability to tie  up development more than  financial consideration although may be  both, caused   the  fall through  but may never  actually  know the total offer of  a  rejected full  JV  operation.  Doing business  will mean many  decisions seen  possible but  very  few actually completed as a  that’s that; finite.  Next….? 8