Mexico's Creston Molybdenum Project represents one of the largest undeveloped molybdenum resources* in the western hemisphere. Its size, location and advanced stage of development are all conducive to fast-track development.

The Creston deposit contains an indicated resource of 169.9 million pounds of molybdenum (92.87 million tonnes grading 0.083% Mo) and an inferred resource of 141.1 million pounds of molybdenum (84.22 million tonnes grading 0.076% Mo)**.

With over 169.9 million pounds of molybdenum indicated, and another 141.1 million pounds inferred**, this prime resource is contained within an optimal open-pit shell. This deposit has very high grades and recovery rates with a low strip ratio and benefits from its location, climate and existing production infrastructure developed by Amax in the 1970's.

With a $40 million financing now complete, mining rights fully secured, and a newly negotiated 30,000 metre drilling contract in place with Mexico's leading drilling company, Creston Moly Corp. is aggressively moving towards initiation of a feasibility study.

*Note that the mineral resources that are not mineral reserves do not have demonstrated economic viability.
**Source 43-101 Compliant P&E Mining Consultants (January 2008)

Luca Riccio, PhD, P. Geo, a Qualified Person as defined by National Instrument 43-101, is responsible for the technical information contained herein.



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Jul 23, 2008:
El Creston Molybdenum Deposit Update: Final Results Received from Infill Program - Drilling at Red H... (more...)

Jul 15, 2008:
Mr. Colin K. Benner Appointed To Creston's Advisory Board (more...)

Jul 08, 2008:
Drilling Expands Main Zone At El Creston Molybdenum Deposit, Sonora, Mexico (more...)