Ownership
60 / 40
RIMAQ 60% · Teck Resources 40%
La Verde. Leverage via a development-stage JV in Mexico.
Country
Mexico
Region
Michoacán State
Status
Development stage
Ownership
60% RIMAQ · 40% Teck
— 001 / Overview
A development-stage copper joint venture with infrastructure already at the gate.
La Verde sits in Michoacán, approximately three hundred and twenty kilometres west of Mexico City. It is advanced in partnership with Teck Resources — one of Canada’s largest diversified miners — under a sixty-forty joint venture. Five centuries of mining history, a stable regulatory framework, and an attractive investment environment, all with highway, railway, power, port and water at the gate.
- •Sixty percent ownership, with Teck Resources holding forty
- •Approximately 320 km west of Mexico City, in Michoacán
- •Highway, railway, power, port and water — all at the gate
- •Five centuries of mining history and a supportive regulatory framework
01
La Verde.
Michoacán · Mexico
18°55′ N · 102°20′ W
Excellent infrastructure and a proven jurisdiction — direct leverage to higher copper prices.
A development-stage copper project, held sixty percent by RIMAQ with Teck Resources retaining forty. Michoacán is one of Mexico’s most mineralised states, with significant production of gold, silver, zinc, iron and copper.
Fast facts
Stage
Development
Advanced beyond exploration, with defined resources
Location
320 km W
Of Mexico City, in Michoacán State
Infrastructure
At the gate
Highway, railway, power, port and water
Access
Multi-modal
Road and rail linked to Pacific ports
Heritage
500 years
Continuous Mexican mining tradition
Framework
Stable
Well-structured, supportive regulatory regime
Report
2021
Latest technical report available
— 002 / The Jurisdiction
Michoacán, Mexico.
Michoacán is rich in natural resources and mining is a leading industry — significant production of gold, silver, zinc, iron and copper. Mexico offers a well-structured and supportive mining regulatory framework, half a millennium of continuous mining heritage, and multi-modal access to Pacific ports.
- Mining history
- 500 yr
- Distance to CDMX
- 320 km
- JV partner
- Teck
Continuous tradition
West of the capital
Resources Ltd.
— 003 / Gallery
From the field.
Click to enlarge
— 004 / Technical reports
Latest La Verde technical report.
Detailed geology, resource estimate and project economics for the La Verde copper project, prepared in accordance with National Instrument 43‑101.
— Continue exploring