Cave Peak Prospect, Culberson County, Texas (Molybdenum)
Cave Peak is considered one of the best and highest grade, undeveloped molybdenum prospects in the U.S. and has excellent potential for the discovery of a major porphyry molybdenum system.
The Cave Peak property covers 523.7 acres located 35 miles north of Van Horn in Culberson County, Texas, and includes all or parts of three breccia pipes, one of which was drilled in the 1960s by Union Carbide Corporation and contains significant molybdenum mineralization. Union Carbide Corporation began a core drilling program on the property in 1965 and completed over 40,000 feet of diamond drilling in 26 holes before selling the property to Draco Mines in 1975.
