Minera Pafex, S.A. de C.V. is offering the Charay Project to a select group of qualified counterparties.
Preferred structure: outright acquisition
Pafex’s preference is a sale of 100% of the Charay concessions. The asset supports a clean transfer: titles in good standing to 2041–2054 held by a single corporate owner, organized documentation, three decades of continuous surface and community relationships, and no legacy encumbrances from prior operators.
Considered: joint venture with the right operator
For an operator with district experience — ideally with in-region processing capacity — Pafex will consider a joint venture or earn-in structure that reflects the project’s de-risked status. This is not an early-stage earn-in priced on prospectivity: the ground is titled, the high-grade mineralization is drilled and check-assayed, the metallurgy is demonstrated at commercial scale, and the mine has produced — most recently under a documented 2014–15 production JV. Structures involving staged payments, work commitments, production milestones or royalties can all be discussed; what the ownership has consistently declined is exposure to open-ended cost recovery against a minority position.
The underwriting
What a counterparty is buying
- 380 ha, three concessions, 100% held, expiries 2041–2054
- 20.3 g/t Au / 123.7 g/t Ag over 1.29 m across 19 drill intercepts (2010 QP recompilation), ALS check assays at 91%
- 90–94% cyanidation recoveries; commercial flotation history; no nugget effect
- 3,668 oz Au / 24,550 oz Ag produced in 2015; startup in under four months
- Power, rail, port, water, workforce and flat ground within an hour of a city of 235,000
- Untested vein below 50 m, an unexplored parallel structure, and a 500 × 200 m breccia target
Process
Five steps, no theater
- Introductory call and mutual qualification.
- Confidentiality agreement — a standard NDA protecting both sides.
- Documentation package: 2005 drill logs and assay certificates, 2007–08 ALS re-assays, the 2010 independent geological assessment, metallurgical certificates, 2015 mill and shipment records, tenure and duty documentation.
- Site visit — Los Mochis is the staging point; the property is 45 minutes out.
- Proposal and negotiation.
Principals and mandated advisors only.
Open the conversation.
One call to qualify, one CA to sign — then the full record is yours to test.
Request more information →