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Mabel Gold Property
Northern Sonora State Mexico
(Au, Ag)
The Mabel property consisting of Mabel and Mabel 1 claims is
located Northern Sonora, México about 60 kilometres west
southwest of Nogales and about 40km south of the town of Sasabe
on the Arizona-Sonora border. Pacific Comox has fulfilled the terms of the 2002 Option Agreement and now owns the claims subject to an NSR in favour of the Vendors which rises from a minimum of 3% to 4% when gold is over $400 per ounce.
Location, Access, Topography, Vegetation
The property can be accessed from the east and west by
approximately 15 kilometers of government maintained dirt roads.
Located about 12 kilometers to the east is the town of Saric
which has a number of services, including electrical, medical,
etc. The majority of the concession has relatively good road
access. The claims are located within the area covered by the
1:50,000 Saric topographical map (H12A48) and the 1:250,000
Nogales (H12-2) geologic map.
The lower portions of the area are situated at an elevation of
approximately 900 meters above sea level and topography is
characterized by gently rolling hills with elevations varying
from 1,000 meters to 1,100 meters except in the northern part
where Cerro El Somberetillo reaches a maximum elevation of
approximately 1,350 meters. Vegetation in the area consists of
several varieties of cactus including the saguaro, some mesquite
trees, ocotillo and seasonal grasses.
The climate is a typical semi-arid Sonoran desert climate -
temperate with cool winters and hot summers. Rainfall is erratic
and is in the form of sudden and violent thunder storms
occurring mainly during the summer monsoon season.
The Property
The Mabel 1 concession (E-82/28018-609Ha) was staked by Comox
and borders Mabel (Title-190649 - 424Ha) to the south, southwest
and southeast. The Mabel Concession is subject to a purchase
agreement. PCR has negotiated a deal with Abraham Nasser, Mabel
Lamadrid de Nasser, Norman E. Dausinger, Jr. and Maria Loreto de
la Luz Gutierrez de Dausinger, owners of the Mabel claim and
residents of Tucson, Arizona. PCR can earn a 100% interest in
the property by making cash payments totaling $386,000.00(US),
issuing 3.5 million shares and completing work commitments of
$2,275,00.00 (US) over five years. The vendors retain a 3% NSR
of which PCR has the option to purchase 1.5% for $4,500,000
(US).
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