LOCATION
The Jocuixtita Silver Project is located approximately 120 kilometres northeast of Mazatlan, in the State of Sinaloa. Access to the property is via highway between Mazatlan and Culiacan except for the last 67 kilometres which is over gravel road.
OWNERSHIP
Soho's 100% owned subsidiary, Samarkand de Mexico, S.A. de C.V. has entered into two option agreements to explore and acquire 100% of five mining concessions occupying 1,668 hectares. In addition, Samarkand has staked additional concessions covering 2,664 hectares which surround the optioned concessions. All of the concessions cover a cumulative area of 4,332 hectares.
In order to maintain the right to explore and exercise the above options, Samarkand must make cumulative payments totalling US$1,000,000 over six years. Up to a maximum of US$372,666 of the option payments may be made by payment of Soho shares.
METALLURGY
The Jocuixtita property hosts a number of northwest and cross cutting northeast trending epithermal vein structures mineralized with silver, gold, lead, copper and zinc.
OVERVIEW
The Jocuixtita property has not been explored using modern exploration methods. The main mines within the project have been historically mined on a very small scale by previous owners. The principle structure hosting the El Carmen - La Salvadora - El Eden historic mine workings has been traced over a minimum of 3 kilometres of strike length. During a due diligence site visit, the Company observed exposed mineralised zones within this principle structure ranging from four to ten metres in width.