Bacanora Minerals Ltd. (TSXV:BCN) announced the completion of a new Preliminary Economic Assessment on its El Cajon Borate deposit. The Company filed the new PEA on SEDAR.
As quoted in the press release:
The PEA has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101″) and is entitled, Preliminary Economic Assessment for the El Cajon Borate Deposit, Magdalena Basin Project, Sonora, Mexico (Pursuant to National Instrument 43-101 of the Canadian Securities Administrators), Magdalena de Kino Area (Map Sheet H1205) Sonora, Mexico, Centered at: 30°30′N, 110°50′W. The lead author with overall responsibility for the PEA is Carl G. Verley, P.Geo., who is a “qualified person” within the meaning of NI 43-101 and is independent of the Corporation.