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The problem of fraud in the precious metals mining industry continues to plague Arizona investors. The Arizona Corporation Commission’s Securities Division has prepared this bulletin as a guide for the type of questions individuals should ask before investing in any mining program.
Pima County is endowed with many mineral resources, not only copper mines, but also the important products such as sand, gravel, and limestone used everyday in supporting the infrastructure of our cities. It is essential that these mineral resources, and the lands where they occur, remain available for exploration and development. This report presents an assessment of the mineral resources of Pima County based on hard data derived from many experienced geologists working in the private sector and from publications of state and federal government agencies.
The Augusta Resources Corporation proposes to construct the Rosemont Mine project in the northern Santa Rita Mountains. This report is a reconnaissance analysis of the conceptual flow and water balance in the area. The conceptual flow model for the area is based on topography, geology and precipitation and identifies the likely flow paths in the watershed and aquifer system. The water balance includes estimates of recharge to and groundwater flow from the area; there is no evapotranspiration discharge from the regional groundwater.
