- The Perlite deposit is located in Southwest New Mexico (Grant County).
- Property consists of 89 BLM mineral deposits that cover over 1,900 acres.
- The last geologist report was dated in 1989 which included drilling.
- The report quantified 67,620,000 tons of perlite. It is possible to discover approximately 200,000,000 tons after a 2nd drilling program.
- Reduced $2 million! The owners are not young anymore and cannot develop the mine.