Cruces

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Cruces

  1. 1. Flying Bridge Mining & Exploration Inc Presents<br />Cruces de Caceres<br />A Golden Opportunity<br />
  2. 2. GOLD<br />History<br />There are several reasons why GOLD has created fascination over mankind since primitive ages. Maybe is because of its shine or its various applications that it has been adored, and used as exchange. Its was the material that embellished faces and enlightened temples, used by goldsmiths, that for centuries have been part of diferent cultures, in places so apart with each other, such as Cuzco, El Cairo or Bangkok. <br />When we look at modern times, we see that GOLD has been the base of the economic development of civilization, established as the standard of value and the best wealth holder in human history.<br />Flying Bridge Mining Copyright © 2010. <br />
  3. 3. GOLD<br />World Market<br />The gold world market moves around 4.000 tons a year: World minig production with 2.500 t/year, central banks 500 t/year, companies 200 t/year and recycling around 800 t/year. <br />Jewellery has the biggest demand for GOLD, it consumes 2.700 t/year. Besides, there is a great demand for industrial applications, dentistry, treasury and investment.<br />The bull market that started in 2003 has not reached its full potential yet, that’s why even if <br />prices don’t break the resistance level of US$1.300/oz in the near future, we still think that <br />GOLD has the best to come .<br />Between october 2008 and september 2010 gold price has gone from U$ 680/oz to almost U$1.300/oz.<br />Flying Bridge Mining Copyright © 2010. <br />
  4. 4. GOLD<br />The value of gold is estimated from the quantity of this metal, inside the total mass, in the alloy that composes a piece. For example: 18k means that from 24 fractions (100%) 18 are gold and 6 of other metals; it is to say 75% of concentration or 750 parts of gold per thousand parts.<br />Historic Prices<br />Quality of Gold<br />PURITY<br />Term used in jewellery. One karat represents 1/24 (4,167%).<br />FINENESS<br />Term used in metallurgy and industrial applications. One part represents 1/1000 (0,10 %). <br />Flying Bridge Mining Copyright © 2010. <br />
  5. 5. GOLD<br />Gold is a metallic rare element with a point of merge of 1.064 º C and a point of boiling of 2.808 º C. Its chemical symbol - Au - is an abbreviation of the Latin word "Aurum", which literally means “dawn that shines intensely".<br />It seems that the word gold comes from a derivation of "yellow", used for the Indo-European civilizations, reflecting one of the most obvious properties of the gold. This is reflected in the similarities of the word in several languages: Gold (English), (German) Gold, (Danish) Guld, (Dutch) Gulden, Goud (afrikaaner), (Norwegian) Gull and (Finnish) Kulta.<br />The last estimations, 2001, indicated that all the exploited and available gold on the terrestrial surface was coming to 145.000 tons<br />From ancient times, for commercial operations in the Mediterranean Sea and the Middle East, the carat began to be in use as a measure of the purity of the auriferous alloys.<br />The carat was originally a unit of weight based on the seed of the carob-tree, and used by the former merchants of Middle East. The Romans, were using the name Siliqua Graeca (Keration in Greek; Qirat in Arab; and now carat in the modern times) to name the above mentioned seed. The carat is still used to weight the precious stones or gems (a carat is the equivalent to approximately 200 grams).<br />Flying Bridge Mining<br /> Copyright © 2010. <br />
  6. 6. COLOMBIA<br />Cruces de Caceres<br />Mining Potential yet to be Discovered<br />
  7. 7. Mining Country<br />The mining Colombian industry is one of the most dynamic and promissory sectors of the country, since in only one year the investments have reached 2.000 million dollars and the short term trend do not seem to end.<br />Antioquia Region<br />The potential of Colombia has been confirmed by a recent report of the Fraser Institute in which Colombia appears as the country of Latin America with the second major mining potential of the region after Brazil, if the problems for the exploitation were corrected. This qualification confirmed what the specialists already knew … Colombia is today one of the borders of opportunity in the mining business worldwide<br />Flying Bridge Mining Copyright © 2010. <br />
  8. 8. Annual Production in the Region of Antioquia<br />Antioquia represents 30% of the mining licenses in Colombia.<br />Gold represents 5% of Colombian exports and Antioquia produces 75% of the Colombian production. <br />Antioquia has the biggest gold production in the country..<br />Flying Bridge Mining Copyright © 2010. <br />
  9. 9. Gold Producing Regions<br />It is constituted by Amalfi, Anorí, Caceres, Caucasia, El Bagre, Nechi, Remedios, San Roque, Segovia, Tarazá, Yolombó, Vegachi and Zaragoza, municipalities of the subregions of the North-east and Bajo Cauca of Antioquia.<br />The territory of the Mining District presents a great diversity of geography, culture and environmental characteristics.<br />With a population superior to 400.000 inhabitants, socially it presents a great diversity of cultures, that started with the great migration, originated by the fever for gold.<br />Its tourist potential constitutes an attractive region, having special interest in the development of the mining tourism, showing the world the traditional exploitation of gold for more than 500 years.<br />DISTRITO MINERO NORDESTE ANTIOQUEÑO<br />ANTIOQUIA<br />Flying Bridge Mining Copyright © 2010. <br />
  10. 10. Regional Information<br />Its area is 8.485 Km2, which is 13.5 % of Antioquia.<br />98 % of the territory is of thermal hot floors and 2 % is of average floors. <br />It is in the Central Mountain chain, between the mountainous counties of Ayapel and San Lucas, on the basin it goes down the rivers Cauca and Nechí.<br />It is one of the most ancient territories of Antioquia, tied to the existence of rich auriferous deposits. <br /> In 1584, four cities were registered for the government of Antioquia, three of them located in this territory: Caceres (1576), Saragoza (1581) and San Jerónimo (1583).<br />Mina <br />CRUCES DE CACERES<br />Flying Bridge Mining. Copyright © 2010. <br />
  11. 11. Map<br />Mining Potential<br />The Bajo Cauca and North-east Antioquia are the zones with more potential for gold extraction in the department, according to the Government of Antioquia and Ingeominas.<br />Flying Bridge Mining Copyright © 2010. <br />
  12. 12. SUSTAINABLE<br />Mining<br />The mining industry is a sector with a high level of industrialization that defines specific technical parameters for the application of appropriate technologies, according to the mining project, and its location, in search of the environmental sustainability, to minimize the generated negative effects, specially on the water and the soil, associated with the areas of exploitation, operation and storage.<br />Flying Bridge Mining Copyright © 2010. <br />
  13. 13. History of the Cruces de Caceres Mine<br />Medellín 1857 - Panamá 1921<br />Father of ex president Mariano Ospina. He was principal of the Universidad de Antioquia (1905 – 1911), founder of the Colombian History Academy, founder of the Mining School in 1888 and its principal (1911 – 1921). <br />He helped in the exploitation of the coffee, the manufacture of bricks, beer and the work of the gold.<br /> He wrote, between others:<br /> Geological review of Antioquia (1911). It outlines on the Geology of Colombia and specially the Department of Antioquia (1911).<br />It was during the exploration that gave origin to these books, that Don Tulio delimited, in person, the zone that nowadays is known by Mina Cruces de Caceres, of which he was the first concessionaire.<br />Flying Bridge Mining Copyright © 2010. <br />
  14. 14. 7º 25” 57.85 N · 75º 5” 40.20 W<br />7º 24” 10.07 N · 75º 8” 22.97 W<br />7º 25” 24.80 N · 75º 9” 15.32 W<br />7º 25” 34.60 N · 75º 9” 2.30 W<br />7º 27” 2.34 N · 75º 9” 56.31 W<br />7º 26” 16.61 N · 75º 11” 1.41 W<br />7º 27” 8.60 N · 75º 11” 37.40 W<br />7º 28” 28.65 N · 75º 9” 32.07 W<br />7º 28” 28.74 N · 75º 8” 52.94 W<br />7º 27” 9.14 N · 75º 7” 54.05 W<br />7º 27” 43.47 N · 75º 6” 48.92 W<br />Área: 3.993,1250 Has.<br />DATUM: 42 BOGOTÁ OBS<br />MINE <br />The original mining company exploited the zone from 1976 to 1987 after which, due to problems of political stability, they were forced to suspend the operation.<br /> During this time, the production gave excellent results and the geological studies demonstrated that the great potential of this zone is still to be discovered.<br /> Flying Bridge Mining and Exploration has taken over this region for continued mining and development.<br />Flying Bridge Mining Copyright © 2010. <br />
  15. 15. BAJO CAUCA ANTIOQUEÑO<br />Mina <br />CRUCES DE CACERES<br />Map<br />Access to the Site<br />Anyone can go by land, water or air.<br /> It is necessary to to take the Coast Highway from Medellin, up to Caceres. There it is necessary to take the road to Zaragoza and in the KM 32, do a detour in the southern part.<br /> Also it is possible to take the road up to Zaragoza from Medellin, via Segovia. Then take a craft in the Rio Nechí, up to the Corregimiento of El Pato. From there it is necessary to go to the Fertile plaines of Segovia and then cross the Natural Reservation Bajo Cauca - Nechí up to the mine.<br /> Finally, it is possible to take a helicopter and land directly in the mine, since there exists sufficient clear spots in the area of concession.<br />Flying Bridge Mining Copyright © 2010. <br />
  16. 16. CAUCASIA<br />CÁCERES<br />ZARAGOZA<br />Mina <br />CRUCES DE CACERES<br />GOLD<br />Base Line<br />Prime Location for the Site<br />The mine is on the second zone with more concentration of gold in Antioquia, which turns the Bajo Cauca into a mega geochemical province of gold, since it overcomes the national average. <br /> This district is the major producer of gold in the department.<br /> The mine is on alluvial terraces of the quaternary; ancient and recent type.<br />BAJO CAUCA ANTIOQUEÑO<br />Flying Bridge Mining Copyright © 2010. <br />
  17. 17. Age of the Cruces de Caceres Region<br />CAUCASIA<br />BAJO CAUCA ANTIOQUEÑO<br />CÁCERES<br />ZARAGOZA<br />Mina <br />CRUCES DE CACERES<br />The mine is crossed by the Stock La Tinta, which predominant rock is a diorita with wide variations of textures and composition, especially the quartz diorita. There is no radiometric age for this body, but for its geographical and tectonic location and for its litológic similarity, is considered to be related genetically with the Batolito of Segovia, which has been assigned to the Jurassic.<br />Flying Bridge Mining. Copyright © 2010. <br />
  18. 18. Mining SiteConditions<br />The prospectings in the low and medium parts will have a network of perforation with percussion drill of 4 " to 6 " of diameter, the samplings will be taken every meter of perforation, up to coming to rock.<br /> The network of perforation will be of triangles with sides of 50 meters. The calculation will be of every triangle separately and then they will be divided equally to have a total result.<br />In the hillside there will be opened apiques of 2x2 meters and trenches of 1 meter of width or 1.5 meters by lengths of 10 or 15 meters. The samples will be taken every 2 meters in the trenches and normally to the direction of the banks and the floor. In the trenches the prospecting will be done by channels in the banks by width of 2 " and depth of 3 " or 4 ".<br /> The calculation will be given on the auriferous alluvium rejecting the material of descapote. The unit of measure for the calculation of reservations will be the milligram for m3.<br />Flying Bridge Mining Copyright © 2010. <br />

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