Aura Minerals plans to restart operations at its Aranzazu copper-gold-silver project in Mexico in 2010. The project is expected to produce over 20 million pounds of copper and over 15,000 ounces of gold equivalent annually. Exploration is ongoing to expand resources, with a 2010/2011 drill program targeting over 70 million tonnes of mineralization at a lower copper cutoff that could support an underground mining operation. Significant upside potential remains to increase resources at Aranzazu through continued exploration.
Aura Minerals provides a summary of its projects in Brazil, Honduras, and Mexico. The company's portfolio includes producing gold mines in Honduras and Brazil, the Aranzazu copper-gold-silver project in Mexico which is scheduled to restart production in Q3 2010, and the Arapiraca copper-gold-iron ore project in Brazil which is advancing to feasibility. Aura is focused on growth through developing its projects, pursuing strategic opportunities, and executing its operational strategy to increase production and reduce costs.
Aura Minerals is a mid-tier gold and base metals producer focused on projects in the Americas. The company currently operates the San Andres gold mine in Honduras and owns the producing Sao Francisco and Sao Vicente gold mines in Brazil. It is also developing the Aranzazu copper-gold-silver mine in Mexico, which is scheduled to begin production in 2010. Aura Minerals is executing a growth strategy focused on increasing production while maintaining a strong financial position.
Aura Minerals is a gold and base metals producer focused on projects in the Americas. The company's portfolio includes producing mines in Honduras and Brazil, a copper-gold-silver project in Mexico entering production, and feasibility-stage copper-gold-iron ore project in Brazil. Key highlights include ramping up production at existing mines, advancing development projects, and pursuing growth opportunities through acquisition.
Aura Minerals is creating a new intermediate gold producer through the acquisition of three producing gold mines in Brazil and Honduras with average annual production of 220,000 ounces of gold over the next five years. The company plans to restart its Aranzazu copper-gold-silver mine in Mexico in Q2 2010 which will add to production and reduce costs. Aura Minerals has excellent growth potential from expanding resources at its existing projects and advancing development projects like its Arapiraca copper-gold-iron ore project in Brazil.
Aura Minerals Inc. is a gold and base metals producer focused on projects in the Americas. The company operates the San Andres gold mine in Honduras and owns the producing Sao Francisco and Sao Vicente gold mines in Brazil. Aura is also advancing the Aranzazu copper-gold-silver project in Mexico toward production restart in 2010. The company is targeting total gold production of 185,000 ounces in 2010 from its operating mines. Aura has a strong balance sheet with over $100 million in cash and is pursuing growth through development of its projects and strategic acquisitions.
Aura Minerals plans to restart production at its Aranzazu copper-gold-silver project in Mexico in Q2 2010. The project is forecast to produce over 25 million pounds of copper and over 12,000 ounces of gold annually at cash costs below $1/lb copper. Exploration drilling will target expanding resources by over 50 million tonnes to support a feasibility study for a larger underground operation. Aura aims to increase production at Aranzazu through staged expansions with the goal of significantly growing gold and silver by-product production over the long term.
Alder Resources holds a 65% interest in the Rosita copper-gold-silver project in northeastern Nicaragua. The project contains a historic resource of over 100 million pounds of copper, 118,000 ounces of gold, and 2.4 million ounces of silver in stockpiles from previous production. Alder's exploration at the project has identified additional high-quality porphyry and skarn targets near the historic open pits that warrant further drilling. The company plans to complete an 8,000 meter drilling program by the fourth quarter of 2012 aimed at expanding resources. Alder has an experienced management team with a track record of discovery and is well positioned to generate value from the Rosita project located in an emerging copper-
Alder Resources holds a 65% interest in the 33 km2 Rosita copper-gold-silver property in northeast Nicaragua. Rosita is located in an emerging porphyry district and was a past producer. Alder's experienced management team recently outlined an initial inferred resource at Rosita of 108 million pounds of copper, 118 thousand ounces of gold, and 2.4 million ounces of silver. Alder's objectives are to discover large porphyry deposits at Rosita, expand resources around past open pits, expand its land portfolio, and practice diligent cash management.
Aura Minerals provides a summary of its projects in Brazil, Honduras, and Mexico. The company's portfolio includes producing gold mines in Honduras and Brazil, the Aranzazu copper-gold-silver project in Mexico which is scheduled to restart production in Q3 2010, and the Arapiraca copper-gold-iron ore project in Brazil which is advancing to feasibility. Aura is focused on growth through developing its projects, pursuing strategic opportunities, and executing its operational strategy to increase production and reduce costs.
Aura Minerals is a mid-tier gold and base metals producer focused on projects in the Americas. The company currently operates the San Andres gold mine in Honduras and owns the producing Sao Francisco and Sao Vicente gold mines in Brazil. It is also developing the Aranzazu copper-gold-silver mine in Mexico, which is scheduled to begin production in 2010. Aura Minerals is executing a growth strategy focused on increasing production while maintaining a strong financial position.
Aura Minerals is a gold and base metals producer focused on projects in the Americas. The company's portfolio includes producing mines in Honduras and Brazil, a copper-gold-silver project in Mexico entering production, and feasibility-stage copper-gold-iron ore project in Brazil. Key highlights include ramping up production at existing mines, advancing development projects, and pursuing growth opportunities through acquisition.
Aura Minerals is creating a new intermediate gold producer through the acquisition of three producing gold mines in Brazil and Honduras with average annual production of 220,000 ounces of gold over the next five years. The company plans to restart its Aranzazu copper-gold-silver mine in Mexico in Q2 2010 which will add to production and reduce costs. Aura Minerals has excellent growth potential from expanding resources at its existing projects and advancing development projects like its Arapiraca copper-gold-iron ore project in Brazil.
Aura Minerals Inc. is a gold and base metals producer focused on projects in the Americas. The company operates the San Andres gold mine in Honduras and owns the producing Sao Francisco and Sao Vicente gold mines in Brazil. Aura is also advancing the Aranzazu copper-gold-silver project in Mexico toward production restart in 2010. The company is targeting total gold production of 185,000 ounces in 2010 from its operating mines. Aura has a strong balance sheet with over $100 million in cash and is pursuing growth through development of its projects and strategic acquisitions.
Aura Minerals plans to restart production at its Aranzazu copper-gold-silver project in Mexico in Q2 2010. The project is forecast to produce over 25 million pounds of copper and over 12,000 ounces of gold annually at cash costs below $1/lb copper. Exploration drilling will target expanding resources by over 50 million tonnes to support a feasibility study for a larger underground operation. Aura aims to increase production at Aranzazu through staged expansions with the goal of significantly growing gold and silver by-product production over the long term.
Alder Resources holds a 65% interest in the Rosita copper-gold-silver project in northeastern Nicaragua. The project contains a historic resource of over 100 million pounds of copper, 118,000 ounces of gold, and 2.4 million ounces of silver in stockpiles from previous production. Alder's exploration at the project has identified additional high-quality porphyry and skarn targets near the historic open pits that warrant further drilling. The company plans to complete an 8,000 meter drilling program by the fourth quarter of 2012 aimed at expanding resources. Alder has an experienced management team with a track record of discovery and is well positioned to generate value from the Rosita project located in an emerging copper-
Alder Resources holds a 65% interest in the 33 km2 Rosita copper-gold-silver property in northeast Nicaragua. Rosita is located in an emerging porphyry district and was a past producer. Alder's experienced management team recently outlined an initial inferred resource at Rosita of 108 million pounds of copper, 118 thousand ounces of gold, and 2.4 million ounces of silver. Alder's objectives are to discover large porphyry deposits at Rosita, expand resources around past open pits, expand its land portfolio, and practice diligent cash management.
Alder Resources holds a 65% interest in the 33 square kilometer Rosita copper-gold-silver property in northeast Nicaragua. The experienced management team aims to discover large porphyry deposits at Rosita, which was a past producer and has an initial inferred resource. Nicaragua is a mining-friendly jurisdiction with a long history of production. The Rosita project is located in an emerging porphyry district near producing and developing copper-gold mines.
Oremex Gold Inc. owns five gold exploration projects in Mexico, including Cerro del Oro in Zacatecas state. Drilling and sampling at Cerro del Oro has found widespread gold mineralization over a 500m by 500m area, averaging 0.47 g/t gold. The company also owns the Santa Catarina project in Sinaloa state, where sampling returned results up to 20.5 g/t gold over 2.1m. Oremex plans exploration programs in 2012 including drilling at Cerro del Oro, Santa Catarina and San Lucas to advance these projects. The company is led by an experienced management team with a track record of success in Mexico.
This document provides an overview of Calibre Mining Corp.'s gold, copper, and silver exploration projects in Nicaragua. Calibre has over 860 square kilometers of concessions in the prolific "Mining Triangle" that has produced over 7.9 million ounces of gold. Calibre has made a new porphyry gold/copper discovery at its Primavera project through drilling intercepts up to 261.7 meters grading 0.78 g/t gold and 0.30% copper. The company also has a 100% owned Riscos de Oro epithermal gold-silver project where drilling has returned intercepts up to 10.25 g/t gold and 288.25 g/
The document discusses the Toroparu Gold-Copper Project located in the Cuyuni-Mazaruni Region of Western Guyana. It notes that the project contains an estimated 9.8 million ounces of gold equivalent in measured and indicated resources. Infrastructure at the site includes a 225 km road to tidewater, a 2500 foot airstrip, a 120 person camp, 40 km of exploration roads, and a 300 KVa generator. Drilling and exploration continue to expand resources and identify new targets at the site.
1) Oremex Gold Inc. is a Canadian gold exploration and development company focused on advancing its portfolio of 100% owned gold assets in Mexico.
2) The company has five gold projects located in prolific mining regions of Mexico, including Cerro del Oro and Santa Catarina which are preparing for drilling programs in 2012.
3) Oremex is led by an experienced management team and board with a track record of exploration, development and discovery in Mexico and Latin America.
Colossus Minerals is developing the Serra Pelada gold-platinum-palladium project in Brazil. Historical mining at Serra Pelada in the 1980s extracted over 2 million ounces of gold through open pit mining. Current drilling is expanding known mineralized zones and defining reserves. Underground development is underway with 850 meters completed so far. Commercial production is expected to begin in 2013 through an underground cut and fill mining method. Significant exploration potential also exists to expand resources along strike and at depth.
Rio Silver: Corporate Presentation, Dec 15 2019MomentumPR
Rio Silver Inc. is a Canadian-based resource company with a mandate to acquire, explore and develop precious and base metal deposits in the Americas. The Company completed an extensive surface trenching program at its Ninobamba property in Peru and expects to continue its efforts to identify significant silver and gold mineralization at the property. A strategic acquisition of an adjoining 2200 hectares from Newmont/Southern Peru Copper Corp., provide potential for extensions to the mineralization outlined to date. Recent staking of contiguous concessions has expanded the property to 4490 hectares. In mid-2016, the Company partnered with Magellan Gold Corp. whereby Magellan was obliged to make a series of investments directly into Rio Silver and expend the next US$2 Million of exploration expenditures at the Ninobamba property to earn a 50% interest in the project. Magellan agreed in early 2018 to terminate their option and the project ownership is 100% wholly owned by the Company. Rio Silvers experienced Peruvian exploration team will be instrumental in planning and conducting the work program at Ninobamba. Management will continue to add shareholder value through effective and efficient exploration, strategic property acquisitions and sound financial management.
The corporate presentation provides an overview of Pretivm Resources Inc. and its Brucejack gold project in British Columbia, Canada. It highlights the project's significant high-grade gold resource of 8.5 million ounces indicated and 2.9 million ounces inferred. It also outlines plans for an underground feasibility study in Q2 2013 and commercial production targeted for early 2016. The presentation provides details on the project's exploration history, location, mineral resources and high grades that place it among the world's best undeveloped gold projects.
Lara Exploration Ltd. is a Canadian mineral exploration company operating in South America using a prospect generator model. It has acquired a portfolio of precious metal, base metal, and industrial mineral projects at various stages of development. Notable projects include the Liberdade copper discovery in Brazil with Codelco, the Maravaia high-grade copper mine in development in Brazil, and the Corina gold project under option to Hochschild in Peru. Lara is funded to advance its portfolio through joint ventures and project sales during the current downturn, positioning it to create shareholder value as commodity markets recover.
This presentation by a mining company provides an overview of its operations and growth prospects. It discusses the company's producing Summit Gold-Silver Mine in New Mexico, as well as its plans to acquire the Mogollon Gold-Silver project, which could potentially double its gold and silver resources. It also outlines the Ortiz Gold Project in New Mexico, which has over 1 million ounces of historical gold resources. The presentation provides production and cost estimates for these projects and emphasizes the company's goal of transitioning from exploration to production across its asset portfolio to generate increasing cash flow over the next few years.
Calibre Mining is exploring for gold, copper and silver deposits in Nicaragua. The company's Primavera project has returned promising drill results, including 261.7 meters grading 0.78 g/t gold and 0.30% copper. Calibre has a joint venture with B2Gold on Primavera and other concessions, with B2Gold able to earn a 51% interest by spending $8 million by mid-2014. The project shows potential to host a large porphyry gold-copper system similar to deposits elsewhere in Central and South America.
Lara Exploration is a Canadian mineral exploration company operating in South America with a prospect generator business model. It has acquired, discovered, and sold various mineral deposits. Its current portfolio includes precious metal, base metal, industrial mineral, agricultural commodity, and coal projects at various stages of development. Key projects include the Liberdade copper-gold discovery in Brazil (in partnership with Codelco), the Curionopolis copper project in Brazil (with Tessarema), and gold projects in Peru (with partners Hochschild and Redzone). Lara is actively acquiring and developing new projects to create value through the current downturn in commodity prices.
This document provides an overview of Lago Dourado Minerals Ltd. and its Juruena gold project in Brazil. The Juruena project covers an extensive gold system where over 500,000 ounces have already been mined at surface through artisanal mining. Limited historic drilling was concentrated in existing mine workings and did not systematically test the entire mineralized system. Lago Dourado plans to conduct its first 12,000 meter phase 1 drilling campaign to better define the gold mineralization. The company is well financed having recently completed a $9.2 million IPO and has an experienced management team to advance exploration and development of the project.
Oremex Gold is a Canadian gold exploration company focused on advancing its portfolio of five 100% owned gold projects in Mexico. The company plans exploration drilling at its Cerro del Oro and Santa Catarina projects in 2013, following recent discoveries and surface sampling. Management has extensive experience exploring and developing mines in Mexico and Latin America.
Aura Minerals provides a summary of its projects in Brazil, Honduras, and Mexico. The company's portfolio includes producing gold mines in Honduras and Brazil, the Aranzazu copper-gold-silver project in Mexico which is scheduled to restart production in Q3 2010, and the Arapiraca copper-gold-iron ore project in Brazil which is advancing to feasibility. Aura is focused on growth through developing its projects, pursuing strategic opportunities, and executing its operational strategy to increase production and reduce costs.
Aura Minerals is acquiring three producing gold mines in Brazil and Honduras that are expected to produce an average of 220,000 ounces of gold per year. The company plans to restart operations at its Aranzazu copper-gold-silver project in Mexico in Q2 2010. Aura Minerals has a large resource base and sees potential to increase production and reduce costs across its operations.
- Aura Minerals is creating a new intermediate gold producer through the acquisition of three producing gold mines in Brazil and Honduras from Yamana Gold.
- The acquisitions are expected to provide average annual gold production of 220,000 ounces over the next five years at cash costs below $600/ounce.
- Aura Minerals will also restart mining operations at its Aranzazu project in Mexico in Q2 2010, which is expected to further increase production and reduce costs.
- The company has a large resource base and sees potential to increase reserves through additional exploration and development work across its portfolio of assets.
Aura Minerals is creating a new intermediate gold producer through the acquisition of three producing gold mines in Brazil and Honduras with average annual production of 220,000 ounces of gold over the next five years. The company will focus on increasing production and reducing costs at the new mines in 2010. Aura also plans to restart its Aranzazu copper-gold-silver mine in Mexico in Q2 2010 and advance the Arapiraca copper-gold-iron ore project in Brazil.
The document describes the Toroparu Gold-Copper Project located in the Cuyuni-Mazaruni Region of Western Guyana. It outlines a proposed multi-phase open pit mine development plan to extract 5.4 million ounces of gold equivalent from an average grade of 1.08 g/t over a 13-year mine life. The plan includes establishing the necessary infrastructure and permitting to bring the project into production by 2015. Exploration will continue to expand resources along strike and at satellite targets on the concession.
- The presentation discusses Alkane Resources' gold projects in New South Wales, including its existing Tomingley Gold Mine and recent exploration success at the Northern Molong Porphyry Project.
- At its flagship Boda prospect, drilling has intersected significant gold-copper porphyry mineralization over hundreds of meters, indicating the potential for a large mineralized system.
- Alkane also continues to explore the underexplored Tomingley Corridor, where recent drilling has outlined multi-million ounce exploration targets near existing infrastructure.
- The company is well-funded with $91.7 million in cash and bullion as of December 2019 and is pursuing further growth through exploration
The document describes the Toroparu Gold-Copper Project located in the Cuyuni-Mazaruni Region of Western Guyana. It contains an estimated 5.4 million ounces of gold equivalent in proven and probable reserves within an open pit mine plan, with an average grade of 1.08 g/t gold equivalent over a 17 year mine life. The project has year-round road access and on-site infrastructure including an airstrip and power facilities. Drilling continues to explore extensions to the deposit and regional targets on the company's 1,000 square kilometer land package.
Aura Minerals provides an investor presentation outlining their business strategy and assets. They have diversified gold and copper production assets in Mexico, Honduras, and Brazil with attractive economics and growth potential. Aura has strengthened their balance sheet, implemented a business-building culture, and unlocked value in their assets. They are focused on strong cash flow, organic growth through exploration, and developing near-term production opportunities.
Alder Resources holds a 65% interest in the 33 square kilometer Rosita copper-gold-silver property in northeast Nicaragua. The experienced management team aims to discover large porphyry deposits at Rosita, which was a past producer and has an initial inferred resource. Nicaragua is a mining-friendly jurisdiction with a long history of production. The Rosita project is located in an emerging porphyry district near producing and developing copper-gold mines.
Oremex Gold Inc. owns five gold exploration projects in Mexico, including Cerro del Oro in Zacatecas state. Drilling and sampling at Cerro del Oro has found widespread gold mineralization over a 500m by 500m area, averaging 0.47 g/t gold. The company also owns the Santa Catarina project in Sinaloa state, where sampling returned results up to 20.5 g/t gold over 2.1m. Oremex plans exploration programs in 2012 including drilling at Cerro del Oro, Santa Catarina and San Lucas to advance these projects. The company is led by an experienced management team with a track record of success in Mexico.
This document provides an overview of Calibre Mining Corp.'s gold, copper, and silver exploration projects in Nicaragua. Calibre has over 860 square kilometers of concessions in the prolific "Mining Triangle" that has produced over 7.9 million ounces of gold. Calibre has made a new porphyry gold/copper discovery at its Primavera project through drilling intercepts up to 261.7 meters grading 0.78 g/t gold and 0.30% copper. The company also has a 100% owned Riscos de Oro epithermal gold-silver project where drilling has returned intercepts up to 10.25 g/t gold and 288.25 g/
The document discusses the Toroparu Gold-Copper Project located in the Cuyuni-Mazaruni Region of Western Guyana. It notes that the project contains an estimated 9.8 million ounces of gold equivalent in measured and indicated resources. Infrastructure at the site includes a 225 km road to tidewater, a 2500 foot airstrip, a 120 person camp, 40 km of exploration roads, and a 300 KVa generator. Drilling and exploration continue to expand resources and identify new targets at the site.
1) Oremex Gold Inc. is a Canadian gold exploration and development company focused on advancing its portfolio of 100% owned gold assets in Mexico.
2) The company has five gold projects located in prolific mining regions of Mexico, including Cerro del Oro and Santa Catarina which are preparing for drilling programs in 2012.
3) Oremex is led by an experienced management team and board with a track record of exploration, development and discovery in Mexico and Latin America.
Colossus Minerals is developing the Serra Pelada gold-platinum-palladium project in Brazil. Historical mining at Serra Pelada in the 1980s extracted over 2 million ounces of gold through open pit mining. Current drilling is expanding known mineralized zones and defining reserves. Underground development is underway with 850 meters completed so far. Commercial production is expected to begin in 2013 through an underground cut and fill mining method. Significant exploration potential also exists to expand resources along strike and at depth.
Rio Silver: Corporate Presentation, Dec 15 2019MomentumPR
Rio Silver Inc. is a Canadian-based resource company with a mandate to acquire, explore and develop precious and base metal deposits in the Americas. The Company completed an extensive surface trenching program at its Ninobamba property in Peru and expects to continue its efforts to identify significant silver and gold mineralization at the property. A strategic acquisition of an adjoining 2200 hectares from Newmont/Southern Peru Copper Corp., provide potential for extensions to the mineralization outlined to date. Recent staking of contiguous concessions has expanded the property to 4490 hectares. In mid-2016, the Company partnered with Magellan Gold Corp. whereby Magellan was obliged to make a series of investments directly into Rio Silver and expend the next US$2 Million of exploration expenditures at the Ninobamba property to earn a 50% interest in the project. Magellan agreed in early 2018 to terminate their option and the project ownership is 100% wholly owned by the Company. Rio Silvers experienced Peruvian exploration team will be instrumental in planning and conducting the work program at Ninobamba. Management will continue to add shareholder value through effective and efficient exploration, strategic property acquisitions and sound financial management.
The corporate presentation provides an overview of Pretivm Resources Inc. and its Brucejack gold project in British Columbia, Canada. It highlights the project's significant high-grade gold resource of 8.5 million ounces indicated and 2.9 million ounces inferred. It also outlines plans for an underground feasibility study in Q2 2013 and commercial production targeted for early 2016. The presentation provides details on the project's exploration history, location, mineral resources and high grades that place it among the world's best undeveloped gold projects.
Lara Exploration Ltd. is a Canadian mineral exploration company operating in South America using a prospect generator model. It has acquired a portfolio of precious metal, base metal, and industrial mineral projects at various stages of development. Notable projects include the Liberdade copper discovery in Brazil with Codelco, the Maravaia high-grade copper mine in development in Brazil, and the Corina gold project under option to Hochschild in Peru. Lara is funded to advance its portfolio through joint ventures and project sales during the current downturn, positioning it to create shareholder value as commodity markets recover.
This presentation by a mining company provides an overview of its operations and growth prospects. It discusses the company's producing Summit Gold-Silver Mine in New Mexico, as well as its plans to acquire the Mogollon Gold-Silver project, which could potentially double its gold and silver resources. It also outlines the Ortiz Gold Project in New Mexico, which has over 1 million ounces of historical gold resources. The presentation provides production and cost estimates for these projects and emphasizes the company's goal of transitioning from exploration to production across its asset portfolio to generate increasing cash flow over the next few years.
Calibre Mining is exploring for gold, copper and silver deposits in Nicaragua. The company's Primavera project has returned promising drill results, including 261.7 meters grading 0.78 g/t gold and 0.30% copper. Calibre has a joint venture with B2Gold on Primavera and other concessions, with B2Gold able to earn a 51% interest by spending $8 million by mid-2014. The project shows potential to host a large porphyry gold-copper system similar to deposits elsewhere in Central and South America.
Lara Exploration is a Canadian mineral exploration company operating in South America with a prospect generator business model. It has acquired, discovered, and sold various mineral deposits. Its current portfolio includes precious metal, base metal, industrial mineral, agricultural commodity, and coal projects at various stages of development. Key projects include the Liberdade copper-gold discovery in Brazil (in partnership with Codelco), the Curionopolis copper project in Brazil (with Tessarema), and gold projects in Peru (with partners Hochschild and Redzone). Lara is actively acquiring and developing new projects to create value through the current downturn in commodity prices.
This document provides an overview of Lago Dourado Minerals Ltd. and its Juruena gold project in Brazil. The Juruena project covers an extensive gold system where over 500,000 ounces have already been mined at surface through artisanal mining. Limited historic drilling was concentrated in existing mine workings and did not systematically test the entire mineralized system. Lago Dourado plans to conduct its first 12,000 meter phase 1 drilling campaign to better define the gold mineralization. The company is well financed having recently completed a $9.2 million IPO and has an experienced management team to advance exploration and development of the project.
Oremex Gold is a Canadian gold exploration company focused on advancing its portfolio of five 100% owned gold projects in Mexico. The company plans exploration drilling at its Cerro del Oro and Santa Catarina projects in 2013, following recent discoveries and surface sampling. Management has extensive experience exploring and developing mines in Mexico and Latin America.
Aura Minerals provides a summary of its projects in Brazil, Honduras, and Mexico. The company's portfolio includes producing gold mines in Honduras and Brazil, the Aranzazu copper-gold-silver project in Mexico which is scheduled to restart production in Q3 2010, and the Arapiraca copper-gold-iron ore project in Brazil which is advancing to feasibility. Aura is focused on growth through developing its projects, pursuing strategic opportunities, and executing its operational strategy to increase production and reduce costs.
Aura Minerals is acquiring three producing gold mines in Brazil and Honduras that are expected to produce an average of 220,000 ounces of gold per year. The company plans to restart operations at its Aranzazu copper-gold-silver project in Mexico in Q2 2010. Aura Minerals has a large resource base and sees potential to increase production and reduce costs across its operations.
- Aura Minerals is creating a new intermediate gold producer through the acquisition of three producing gold mines in Brazil and Honduras from Yamana Gold.
- The acquisitions are expected to provide average annual gold production of 220,000 ounces over the next five years at cash costs below $600/ounce.
- Aura Minerals will also restart mining operations at its Aranzazu project in Mexico in Q2 2010, which is expected to further increase production and reduce costs.
- The company has a large resource base and sees potential to increase reserves through additional exploration and development work across its portfolio of assets.
Aura Minerals is creating a new intermediate gold producer through the acquisition of three producing gold mines in Brazil and Honduras with average annual production of 220,000 ounces of gold over the next five years. The company will focus on increasing production and reducing costs at the new mines in 2010. Aura also plans to restart its Aranzazu copper-gold-silver mine in Mexico in Q2 2010 and advance the Arapiraca copper-gold-iron ore project in Brazil.
The document describes the Toroparu Gold-Copper Project located in the Cuyuni-Mazaruni Region of Western Guyana. It outlines a proposed multi-phase open pit mine development plan to extract 5.4 million ounces of gold equivalent from an average grade of 1.08 g/t over a 13-year mine life. The plan includes establishing the necessary infrastructure and permitting to bring the project into production by 2015. Exploration will continue to expand resources along strike and at satellite targets on the concession.
- The presentation discusses Alkane Resources' gold projects in New South Wales, including its existing Tomingley Gold Mine and recent exploration success at the Northern Molong Porphyry Project.
- At its flagship Boda prospect, drilling has intersected significant gold-copper porphyry mineralization over hundreds of meters, indicating the potential for a large mineralized system.
- Alkane also continues to explore the underexplored Tomingley Corridor, where recent drilling has outlined multi-million ounce exploration targets near existing infrastructure.
- The company is well-funded with $91.7 million in cash and bullion as of December 2019 and is pursuing further growth through exploration
The document describes the Toroparu Gold-Copper Project located in the Cuyuni-Mazaruni Region of Western Guyana. It contains an estimated 5.4 million ounces of gold equivalent in proven and probable reserves within an open pit mine plan, with an average grade of 1.08 g/t gold equivalent over a 17 year mine life. The project has year-round road access and on-site infrastructure including an airstrip and power facilities. Drilling continues to explore extensions to the deposit and regional targets on the company's 1,000 square kilometer land package.
Aura Minerals provides an investor presentation outlining their business strategy and assets. They have diversified gold and copper production assets in Mexico, Honduras, and Brazil with attractive economics and growth potential. Aura has strengthened their balance sheet, implemented a business-building culture, and unlocked value in their assets. They are focused on strong cash flow, organic growth through exploration, and developing near-term production opportunities.
The document summarizes the Toroparu Gold-Copper Project located in Western Guyana. It describes:
1) The project has a measured and indicated resource of 4.3 million ounces of gold-equivalent and an inferred resource of 5.5 million ounces.
2) Sandspring Resources has established infrastructure at the site including roads, an airstrip, camp, and power that provide access for continued exploration and development.
3) The company plans to continue expanding resources through drilling and has a preliminary mine plan outlined to produce an average of 275,000 ounces of gold and 21 million pounds of copper annually over the life of the mine.
The document provides an overview of Santacruz Silver's Rosario project located in Charcas, San Luis Potosi, Mexico. Key points include:
- Inferred resources of over 1 million tons grading 1.16 g/t gold, 190 g/t silver, 1.38% lead, and 3% zinc.
- Signed option agreement with Goldcorp to acquire a 500 tonne-per-day mill plant.
- Underground mining planned via a main ramp to access the Rosario I and II veins.
- Excellent infrastructure including road access and nearby power and water.
- Permits expected by Q1 2012 and rapid cash flow expected from production starting in Q1 2013.
The document summarizes the Toroparu Gold-Copper Project located in Western Guyana. It describes the project's large gold and copper resource of over 9 million ounces, potential to expand resources through ongoing exploration, and preliminary plans to develop an open-pit mine producing an average of 275,000 ounces of gold and 21 million pounds of copper annually over a 13-year mine life. The project benefits from good infrastructure and is led by an experienced management team with a track record of building and operating mines in the region.
Objective Capital's Africa Resources Investment Congress 2011
Ironmongers' Hall, City of London
14-15 June 2011
Day 1: Africa Resources
Speaker: Simon Village, Banro Corporation
March 2015 Investor Roadshow | ASX:OGX | Orinoco Gold Symposium
March 2015 Investor Roadshow
Orinoco Gold (ASX:OGX) presented their latest investment updates to over 300 people in Melbourne and Sydney.
Managing Director Mark Papendieck gives an overview of their current position and opportunities.
For more information go to http://orinocogold.com
For more information about Symposium’s Investor Roadshows, visit http://symposium.net.au/InvestorRoadshow/
Growing a Balanced Gold Mining Company discusses Alexis Minerals Corporation's plans to grow its gold mining operations in a balanced way. It owns the Snow Lake Mine in Manitoba, which recently had an updated feasibility study showing potential average annual production of 83,000 ounces of gold over a 5 year mine life at cash costs of $640/ounce. It also owns other gold and base metals exploration properties in Quebec. The document provides details on Alexis' existing mining infrastructure at Snow Lake and the positive economics demonstrated in the feasibility study, outlining its path to restarting production.
- ATAC Resources Ltd. is developing Canada's only Carlin-type gold district in the Rackla Gold Property in Yukon, which hosts the Osiris and Tiger deposits.
- The Osiris deposit contains an inferred resource of 1.685 million ounces of gold at 4.23 g/t, while the Tiger deposit contains M&I resources of 486,000 ounces at 2.66 g/t.
- The property covers 1,700 square kilometers of prospective ground and is 100% owned by ATAC with no royalties.
ATAC Resources Ltd. Corporate Presentation December 2019ATAC Resources Ltd
ATAC Resources Ltd. is developing Canada's only Carlin-type gold district in the Yukon. Key highlights include:
- Osiris Project inferred resource of 1.685 million oz gold at 4.23 g/t across four zones.
- Tiger Deposit M&I resource of 486,000 oz gold at 2.66 g/t.
- District-scale land package covers 185km belt with multiple high-grade gold discoveries.
- Experienced management team exploring for additional Carlin-type and IRG deposits.
This document provides an overview of Andean American Gold Corp. and its Invicta gold mining project in Peru. Some key points:
- Invicta is expected to produce an average of 97,931 ounces of gold annually over a 5-year mine life at a cash cost of $274.80 per ounce.
- The project has estimated reserves of 538,946 ounces of gold and a capital cost of $68 million to develop.
- Major shareholders include insiders, Richmond Capital LLP, Praetorian Capital Management LLC, and Trafigura Beheer B.V.
- Upcoming milestones include the start of construction in Q1 2011 and commissioning 12
Golden Star Resources is a gold mining company with operations in Ghana. It has identified two low-cost underground projects - Prestea Underground and Wassa Underground - that can transform the company into a lower cost producer. Prestea Underground is a high-grade underground mine that was previously in operation until 2002, with existing reserves of 440,000 ounces of gold. Wassa Underground is a major new underground discovery at the existing Wassa mine. With capital expenditures of less than $100 million on these two projects, Golden Star can unlock significant value and achieve its goal of becoming a low-cost gold producer by 2017.
QMX Gold Corporation owns the Snow Lake gold mine and Lac Herbin gold mine. A feasibility study for the Snow Lake mine outlined an after-tax IRR of 79% and payback period of 1.7 years producing an average of 83,000 ounces of gold per year over a 5 year mine life. QMX also announced a planned $45 million debt facility to finance the Snow Lake project with an interest rate of LIBOR + 5.5% before commercial production. Mineral reserves for Snow Lake are estimated at 451,900 ounces of gold and resources are estimated at 728,000 ounces measured and indicated and 336,700 ounces inferred.
This document is a corporate presentation for Gran Colombia Gold, a Canadian-listed gold producer with operations in Colombia. It summarizes the company's key assets and projects, including its high-grade Segovia Operations which accounted for over 80% of production in the first half of 2016. Gran Colombia is also advancing the Marmato Project, one of the top 20 largest undeveloped gold deposits globally. The presentation outlines the company's debt restructuring in 2016 and provides production and cost guidance for 2016, projecting 135,000-145,000 ounces of gold production at an AISC of $850-950 per ounce.
2. Forward-Looking Statements and Cautionary Notes
Forward-Looking Statements
All statements made in this presentation, other than statements of historical fact, constitute forward-looking statements. The actual results of Aura Minerals may differ significantly from those
anticipated in the forward-looking statements and readers are cautioned not to place undue reliance on these forward-looking statements. Except as required by securities regulations, the
Company undertakes no obligation to publicly release the results of any revisions to forward-looking statements that may be made to reflect events or circumstances after the above-stated
date or to reflect the occurrence of unanticipated events.
Forward-looking statements include, but are not limited to, statements with respect to the future price of copper, gold, nickel and iron ore, the estimation of mineral reserves and resources,
the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital expenditures, costs and timing of the development of new
deposits, success of exploration activities, permitting time lines, currency fluctuations, requirements for additional capital, government regulation of mining operations, environmental risks,
unanticipated reclamation expenses, title disputes or claims, limitations on insurance coverage and the timing and possible outcome of litigation. In certain cases, forward-looking statements
can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not
anticipate”, or “believes”, or variations of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be
achieved”. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company
to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to
the integration of acquisitions; risks related to international operations; risks related to joint venture operations; actual results of current exploration activities; conclusions of economic
evaluations; changes in project parameters as plans continue to be refined; future prices of copper, gold, nickel and iron ore; possible variations in ore reserves, grade or recovery rates;
failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing
or in the completion of development or construction activities. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ
materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be
no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements.
Disclaimer
Aura Minerals Inc. ("Aura Minerals") ("Aura Minerals" or the "Company") is a Canadian company and a reporting issuer in the Province of British Columbia and the Province of Ontario,
Canada. The Company has taken all reasonable care in producing and publishing information contained in this presentation, and will endeavor to do so regularly. Material in this report may
still contain technical or other inaccuracies, omissions, or typographical errors, for which Aura Minerals assumes no responsibility. Aura Minerals does not warrant or make any
representations regarding the use, validity, accuracy, timeliness, completeness or reliability of any claims, statements or information in this presentation. Under no circumstances, including,
but not limited to, negligence, shall Aura Minerals be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to loss of profits, whether or
not advised of the possibility of damage, arising from use, or inability to use, the material in this presentation. The information herein is not a substitute for independent professional advice
before making any investment decisions. The information in this presentation may be superseded by subsequent disclosures.
This presentation presents a review of Aura Minerals' proposed acquisition of projects in Brazil and Honduras, and of its existing projects in Brazil and Mexico. Readers are cautioned that
Aura Minerals’ existing projects in Brazil and Mexico are at an early stage of exploration and production, respectively, and that estimates and projections contained herein are based on
limited or incomplete data. More work is required before the mineralization on the projects and their economic aspects can be confidentially modeled. Therefore, the work results and
estimates herein may be considered to be generally indicative only of the nature and quality of the projects. Estimates and projections relating to the projects Aura Minerals proposes to
acquire are based on data published by Yamana Gold Inc. No representation or prediction is intended as to the results of future work, nor can there be any promises that the estimates
herein will be confirmed by future exploration or analysis, or that the projects will otherwise prove to be economic.
The Toronto Stock Exchange has not reviewed the information in this presentation and does not accept responsibility for the adequacy or accuracy of it.
TSX : ORA 2
3. Corporate Update
Acquired the San Andres Gold Mine (Honduras) and the Sao Francisco and Sao Vicente
gold mines (Brazil)
• Average annual production of 220,000 oz. gold (Au) anticipated for the next five years from these
three mines
• Ongoing work at all three operations to increase production and reduce cash costs
• Large resource base with excellent potential to add to current reserves
Updated resource estimate for Aranzazu Project (Mexico); planned restart of mine in
2010, which will add to production base
• Excellent expansion upside over longer term at the Aranzazu Project – drilling underway to test
depth potential
Work to date at the Inaja Project by joint venture partner, Vale, indicates potential for a
significant iron ore resource
Advancing development of Serrote Deposit (Arapiraca Project) to feasibility study level
TSX : ORA 3
4. Capital Structure*
Exchange/Symbol TSX/ORA
Share Structure
Issued and outstanding shares 206 mm
Fully diluted 222 mm
Ownership
Management and insiders 28%
Institutional 45%
Yamana Gold 10%
Financial
Cash (approximately) US$110 mm
Long-term debt US$65 mm
*Share data information as at April 30, 2010
TSX : ORA 4
5. Gold Production Growth in 2010
Aranzazu Copper-Gold-Silver
San Andres Gold Mine Project, Mexico
Targeting greater than 90,000 oz of Au in 2010
Sao Francisco Gold Mine San Andres Gold Mine,
Honduras
Targeting 60,000 to 65,000 oz of Au in 2010* Inaja Project, Brazil
(Under option
Sao Vicente Gold Mine agreement to Vale)
Targeting 35,000 to 40,000 oz of Au in 2010*
Aranzazu Copper-Gold-Silver Project
Targeting restart in 2010 with annualized Sao Vicente
production of 20 mm lbs Cu and 15,000 gold Gold Mine,
Brazil
equivalent ounces Sao Francisco
Gold Mine,
Arapiraca Copper-Gold- Iron Ore Project Brazil
Advancing to feasibility and reviewing strategic Arapiraca Copper-
alternatives Gold-Iron Ore
Project,
Brazil
Inaja Iron Ore Project
Ongoing JV with Vale on large iron ore target
*Gold production attributable to Aura Minerals for the eight-month period following the close of the acquisition on April 30, 2010.
Operations Advanced development Exploration
TSX : ORA 5
6. 2010 Strategic Focus
Timeline
2010 Objectives
Increase production at San Andres Gold Mine through commissioning of new Q1/2010,
crusher/conveyor system and operational improvements, with corresponding ongoing
1
reduction of cash costs
Integrate Sao Francisco and Sao Vicente gold mines and implement key cost 2010
2
reduction and gold recovery improvement opportunities
3 2010
Re-start the Aranzazu Project and implement staged production increases
Q1/2010,
4 Test depth potential at the Aranzazu Project as part of a major expansion program
ongoing
Advance development of Serrote Deposit (Arapiraca Project) to feasibility Q4/2010
5
study level
Continue to evaluate strategic opportunities focused on private or undervalued Ongoing
6
production or advance stage development gold projects
TSX : ORA 6
8. San Andres Gold Mine
Forecast • 2009 gold production of 68,371 ounces
Production
• 2010 estimated production of 90,000 ounces at an average cash cost between
$480 and $520 per ounce
• Expected run rate of 100,000 ounces per annum by Q4/2010
Capital • New crusher/conveyor line to increase throughput and to reduce haulage and
Projects operating costs
• Continuous gold mineralization between current mining operations at East Ledge
and the proposed mining operations at the Twin Hills zones are expected to
increase gold production
Category Tonnage (tonnes) Grade (g/t Au) Contained Metal (oz Au)
Total P&P Reserve 32,508,000 0.61 640,000
Total M&I Resource* 116,675,000 0.59 2,229,000
Inferred Resource 4,703,000 0.79 120,000
* Mineral Resources are inclusive of Mineral Reserves
TSX : ORA 8
9. San Andres - Operational Improvements
Focus on solution management and heap
operating practices
Has led to record fourth quarter 2009 gold
production of 18,357 ounces
Commissioning underway of the new primary
crusher/conveyor/stacking system
Will significantly reduce haulage distances and
increase throughput
Metallurgical testwork on site ongoing
Will optimize gold leach cycle and reagent dosage
to increase recovery
Implementation of a new stacking and
leaching plan
Will optimize gold recovery and reduce cash costs
TSX : ORA 9
10. San Andres – Operational Improvements
• New crusher-conveyor system
completed, with new stacking
system expected Q3/2010
• Leach pad Phase IV expansion
and Retention Pond 6 projects
approved for 2010
TSX : ORA 10
11. San Andres – New Crusher Location
Increase Throughput and Reduce Cash Costs
Current
New
TSX : ORA 11
12. Sao Francisco Gold Mine
Status • Acquired April 30, 2010
Forecasted • 65,000 ounces of gold production in 2010 attributable to Aura Minerals
Production • Planned production of 90,000 ounces of gold per annum
Capital • Evaluating optimization potential
Projects • Approximately $15 million budgeted in 2010 for upgrades to increase
crusher throughput and gravity recovery
Category Tonnage (tonnes) Grade (g/t Au) Contained Metal (oz Au)
Total P&P Reserve 26,218,000 0.75 630,000
Total M&I Resource* 39,486,000 0.72 909,000
Inferred Resource 720,000 0.80 18,000
* Mineral Resources are inclusive of Mineral Reserves
TSX : ORA 12
13. Sao Francisco – Key Focus in 2010
• Update mine plan to improve grade control and improve mine
contractor productivity
• Upgrade current crushing plant to increase feed
to gravity circuit
• Reconfigure and improve recovery of gravity circuit
• Investigate potential to crush low grade dump leach
ore to significantly improve recoveries
• Operational changes to the heap leach to
segregate ROM and crushed ore to improve heap
recovery and reduce overall reagent consumption
• Complete exploration program to increase reserve
and resource base, and to test identified targets
TSX : ORA 13
14. Sao Francisco – Typical Ore Section
QUARTZ VEINS
1ST MINERALIZATION
TSX : ORA 14
15. Sao Francisco – Gold Mineralization
Above (left): Nuggets associated with quartz veins or
microscopic crystals associated with sericitic bands Above (right): In quartz veins – massive and irregular
and sulphides. grains, 1mm to 5mm in size. Occurs in lamelar grains.
TSX : ORA 15
16. Sao Francisco – Current Circuit
Crushing Plant Gravity Plant
Crushing Plant, Secondary and Tertiary
TSX : ORA 16
19. Sao Vicente Gold Mine
Status • Acquired April 30, 2010
Forecasted • 40,000 ounces of gold production in 2010 attributable to Aura Minerals
Production • 50,000 to 55,000 oz. of gold production per annum over a five-year mine
life
• Potential for further upside through continued mine exploration
Capital • 2010 focus – process plant, heap and metallurgy improvements, mine
Projects exploration to convert additional resources to reserves, approximately
$5 million budgeted
Category Tonnage (tonnes) Grade (g/t Au) Contained Metal (oz Au)
Total P&P Reserve 10,167,000 0.86 281,000
Total M&I Resource* 26,215,000 0.69 580,000
Inferred Resource 3,553,000 0.88 101,000
* Mineral Resources are inclusive of Mineral Reserves
TSX : ORA 19
20. Sao Vicente – Key Focus in 2010
• Review current process plant to upgrade plant
availability and increase recovery
• Modify heap leach stacking system to improve
recoveries
• Conduct program of definition and expansion drilling
to increase resource base
• Evaluate potential for reprocessing of historic
dredge tailings
TSX : ORA 20
22. Aranzazu Copper-Gold-Silver Project
History • Limited operating history under previous owner
• Basically no exploration on property from early ‘80s to 2007
• Located in centre of a major copper-gold-silver district
Forecast • Planned re-start in 2010 at 2,600 tpd
Production • Planned run rate production of +20 mm lbs copper, +12,000 oz gold and
+140,000 oz silver – excellent upside on gold and silver production
• Stage 2 – next increase to 3,000 tpd
• By-product gold and silver contributes to low projected cash costs below
US$1.00 per lb copper
Capital • Mine development and mill upgrades commenced October 2009
Projects • Estimated capex of approximately US$25 mm in 2010
Category Tonnage Grade Grade Grade Cu Au
(tonnes) (Cu %) (g/t Au) (g/t Ag) (mm lbs) (000 oz.)
Total M&I Resource 12,848,000 1.34 0.50 11.87 379 207
Inferred Resource 3,217,000 1.17 0.28 6.44 83 29
Note: Resources at a 0.08% Cu only cut-off.
TSX : ORA 22
28. Aranzazu Exploration Upside
• Only 50% of drill holes in database were assayed for gold
• Precious metals grades continue to improve with additional
drilling
• Large resource base, open at depth
• 2010/11 drill program planned to target +70 million tonnes at
lower Cu cut-off (0.5% Cu) – if successful, will be the basis of a
feasibility study on a large low bulk mining underground
operation
Category Tonnage Grade Grade Grade Cu Au
(tonnes) (Cu %) (g/t Au) (g/t Ag) (mm lbs) (000 oz.)
Measured Resource 2,960,000 1.04 0.47 9.99 68 45
Indicated Resource 21,121,000 1.01 0.39 8.96 468 264
Total M&I Resource* 24,082,000 1.01 0.40 9.09 536 309
Inferred Resource 8,674,000 0.82 0.18 4.39 157 52
Note: Resources at a 0.5% Cu only cut-off.
*Numbers may not add due to rounding.
TSX : ORA 28
30. Aranzazu Project
Large Resource with Exploration Upside
Deep High Grade
Intercepts
Red – 0.5% Cu grade shell
Black – mined out stopes and underground workings
Grey - untested
TSX : ORA 30
33. Aranzazu Targets
El Cobre Target
La Apuesta
Sedimentary
Target
Aranzazu
Strike
Extensions
TSX : ORA 33
34. Arapiraca Project
Feasibility Stage Copper-Gold-Iron Ore Deposit
Forecasted • Preliminary Economic Assessment completed September 2009, considers
Production commissioning Q4/2012
• Average annual production of 137 mm lbs copper, 27,000 oz. gold and 1.3 mm tonnes
of magnetite concentrate grading 67% Fe
• Low projected cash costs of US$0.65 – US$0.82 per lb of copper (net of by-products)
Capital Projects • Capex US$490 million
• Construction permit received August 2009 – now fully permitted
• Potential to enhance project economics with addition of oxide plant to produce an
additional 20 mm lbs copper cathode per annum
• Excellent infrastructure – access to roads, railway, ports, towns
Resources • Preliminary Economic Assessment does not consider additional resources at Caboclo
Deposit (drilling underway) – resource estimate update for Caboclo Deposit Q3/2010
Mineral Resources Tonnes Grade Grade Grade Cu Au
(Cu %) (g/t Au) (Fe %) (mm lbs) (000 oz.)
Serrote Total M&I Resource 195,889,000 0.49 0.09 15.48 2,139 0.57
Serrote Inferred 31,267,000 0.49 0.09 14.01 337 0.09
Caboclo Total M&I Resource 7,587,000 0.57 0.16 19.34 95 0.04
Caboclo Inferred 4,616,000 0.57 0.11 14.24 58 0.02
Based on a 0.3% Cu equivalent cut-off grade. TSX : ORA 34
35. Preliminary Economic Assessment Highlights
Arapiraca Project Years 1 to 3 Life of Mine
Mill Feed (Note 1) 40.2 million tonnes 169.6 million tonnes
Strip Ratio (Note 2) 3.7 to 1 3.12 to 1
Copper Grade 0.60% 0.51%
Gold Grade 0.103g/t 0.09g/t
Iron Grade 17.6% 14.8%
Copper Recovery 85% 85%
Gold Recovery 65% 65%
Magnetite Recovery (Note 3) 92% 92%
Copper Production 155M lbs per annum 137M lbs per annum
Gold Production 29,750 oz per annum 26,850 oz per annum
Iron in Magnetite 874,000 tonnes per annum 767,000 tonnes per annum
Total Cash Cost per Pound Copper (Note 4) $0.65 $0.82
Project Total
Capital Costs $US 490M
Sustaining Capital Costs $US 76M
Mine Life 12 years Arapiraca Project:
Economics – Post Tax (Note 5) Demonstrates Potential
NPV@8% $US 417M for Strategic Partnerships
NPV@10% $US 325M
NPV@12% $US 250M
IRR 25.4%
Payback 2.8 Years
Note 1 Mined and processed resource is 92% classified as Measured and Indicated. In-pit Inferred resources amount to 8% of the total in-pit resources, and are mined at the end of the mine life.
Note 2 Strip ratio includes oxide material which may be processed by heap leach not considered in the Preliminary Economic Assessment TSX : ORA 35
Note 3 Average magnetite concentrate production is estimated at 1.3 million tonnes per annum grading 67% relative to an 11% mass pull for Fe
Note 4 Total cash cost per pound of copper includes treatment and transportation costs and royalties, as well as by-product credits for sales of gold and iron ore
Note 5 Commodity prices assumed for financial analysis are US$2.00/lb Cu, US$800/oz Au, and US¢85/dmtu Fe fines