IMDEX

CIA MINERA CASCABEL S.A. de C.V. and IMDEX Inc . were organized in 1988 to provide contract exploration services in Mexico. Both are privately held corporations. Since then, IMDEX/CASCABEL personnel have undertaken projects for over 100 clients, throughout Mexico and 5 other Latin American countries. Our work includes a broad range of successfully completed programs including some in the most logistically and culturally difficult areas of Latin America. In 1998 we also began doing contract 1:50,000 geological mapping and sampling for the Consejo de Recursos Minerales, the Mexican Geological Survey. IMDEX/Cascabel also have contractually inherited and/or actively acquired by application and sorteo major exploration plays in significant past producing districts in Mexico over the last 13 years. These include: Batopilas District (Ag), Santa Eulalia District (polymetallic Ag, Pb,Zn) and Jibosa de Los Reyes in the Jimenez District (CuOxide). These projects are available for option. IMDEX/CASCABEL currently have over 30 experienced Mexican geologists, geotechnicians, permitting experts, landmen, expediters and office support personnel on staff, all of whom understand the needs of the international mining community and what it takes to get things done in Mexico and elsewhere in Latin America. Our bilingual contact persons make communication between client and field personnel straightforward. Our diverse staff allows us to offer a full range of services, up to complete turnkey exploration management operations where we also handle the tax, accounting, and insurance aspects of your program. We also have contacts for a broad range of experienced Mexican specialty consultants as needed. The exploration scene in Mexico has matured significantly over the last 5 years. Many major discoveries have been made and reconnaissance exploration has largely given over to advanced drilling programs which temporarily require trained geological and technical support. We can quickly supply you the people you’ll need and eliminate the problems inherent in staffing up or importing personnel from outside of Mexico. More significantly, changing political realities have resulted in a considerable increase of governmental and environmental permitting requirements which materially affect exploration: especially advanced-stage projects. Getting permits in a timely fashion is obviously vital and requires knowledge of the governmental agencies involved and the people within these agencies who approve applications. We have dedicated specific individuals to learning the ins and outs of this bureaucratic process and have successfully permitted many projects. Permitting requirements are expected to increase in the future and we intend to keep our facilitators abreast of any changes so that we can continue to get your permitting problems resolved as quickly as possible.