Colombian Mines Corporation (TSX-V: CMJ) is a pure Colombian explorer with a first mover advantage and an extensive portfolio of highly-prospective gold, gold-copper, and polymetallic projects throughout Colombia. The Company's business plan incorporates key elements of both pure exploration and prospect generation models. Colombian Mines is both, one of the most active explorers, and the most prolific prospect generator among publicly traded junior companies in Colombia.
As a junior explorer, Colombian Mines flagship projects, El Dovio and Mercedes are large, high grade gold-silver-copper projects with exceptional potential. During 2014, the Company expanded detailed ground magnetometry and geochemical coverage to define targets for drilling outside of the large Sabana Blanca zone, completed Phase II drilling to expand on the highly successful 2013 drill campaign within the Sabana Balnca zone and drilled scout holes in the Brazo 1 zone. At Mercedes the Company completed property wide high resolution airborne magnetometry and radiometric surveys, stream sediment, soil and rock geochemical surveys, and expanded detailed geologic mapping. The Company plans to initate drilling in late 2014 or early 2015.
CMJ provides a unique opportunity for exploration and mining development in a politically stable under explored region that was once the largest gold and platinum producer in the world.
The Company's early and timely entry into Colombia in 2006 resulted in a substantial pipeline of high quality exploration projects. CMJ is focused on advancing and developing its projects internally and through strategic alliances with a goal of near-term production, which Company management considers the best way to build shareholder value.