Wednesday, January 04, 2017 2:33:39 PM
November 15, 2016
http://www.grancolombiagold.com/news-and-investors/events-and-presentations/presentations/default.aspx
GCM-Presentation-Colombia-Gold-Symposium-2016-11-15.pdf -
http://s21.q4cdn.com/834539576/files/doc_presentations/GCM-Presentation-Colombia-Gold-Symposium-2016-11-15.pdf -
Marmato: A mountain of gold with 14 million ounces of gold resources -
http://www.grancolombiagold.com/Home/default.aspx
http://www.grancolombiagold.com/operations-and-projects/colombia/default.aspx
Segovia
Gran Colombia produces gold from the Segovia Operations,
an area of approximately 9,000 hectares in the Segovia-Remedios mining
district of Antioquia.
These high-grade mines have been in continuous operation
for over 150 years and over that time have
produced an estimated 5 million ounces of gold.
The Segovia Operations include
The El Silencio Gold Mines,
Providencia Gold Mines and
Sandra K underground gold mines
in the Municipality of Segovia, and
the Carla underground gold mine in the Municipality of Remedios,
located approximately 10 km southeast of the Segovia mines.
Mining operations incorporate both Company-operated areas and an
artisanal miner model that contracts local third party miners
to work in Gran Colombia’s concessions and to deliver the ore
to Gran Colombia’s mill for processing.
Since taking control of the assets in 2010, Gran Colombia has initiated
an extensive exploration and drilling program around the existing mines
to identify new resources to be able to expand production and has
commenced exploration in new areas of its concessions to identify
potential new production areas.
Simultaneously, the Company is in the midst of an extensive
modernization program at the historical mines to introduce
mechanization, to improve production efficiency and safety, and
to reduce its all-in sustaining costs.
Gallery
http://www.grancolombiagold.com/operations-and-projects/colombia/default.aspx
Marmato
Acquired in the 2011 merger with Medoro, the Marmato Project contains
total estimated resources of approximately 14 million ounces of gold
and almost 90 million ounces of silver located in the Caldas department
in the heart of the Middle Cauca gold district.
The Marmato Project has excellent infrastructure, being located by the
Pan American Highway with access to Medellin to the north and
Manizales to the south, and has access to
the national electricity grid which runs near the property.
The Marmato district has been exploited since pre-Colonial times by
the Quimbaya people.
The Spanish colonists assumed control of the Marmato mines in 1527 and
the area has been in almost continuous production ever since.
The gold resource of Marmato was so significant that Simon Bolivar,
the revolutionary leader who liberated much of South America from
Spanish rule, used the mines as collateral with British banks
to secure funding for a war of independence against Spain.
The various areas of the Marmato mountain
were consolidated in 2009 and 2010 by Medoro:
the Zona Alta exploration project,
the producing Marmato underground mine in Zona Baja and
the Echandia exploration project to the north.
The consolidation of the different areas means Gran Colombia
is in a position to explore, develop and, subject to feasibility and
permitting, expand mining operations at Marmato.
In 2012, the Company identified a new deep zone that contains
approximately 300 million tonnes of potential mineralization, and
is not represented in the current total resource estimate at Marmato
as described above.
This mineralization zone is open at depth and is open along strike
in both directions.
Gallery -
http://www.grancolombiagold.com/operations-and-projects/colombia/default.aspx
Zancudo
The Zancudo project in the Titiribí mining district of Antioquia
comprises a historical gold mine,
the Independencia Mine,
in the Middle Cauca Gold Belt that produced
about 130,000 ounces of gold with recovered grades
of 14.6 g/t Au and 108.4 g/t Ag.
The Independencia Mine exploited an epithermal to mesothermal,
intermediate sulphidation type vein system that was exploited
over 3.5 km with known depths of over 900m.
Gran Colombia completed a 12,000m drilling program at Zancudo in 2011
and 2012 that focused on defining new potential resources by following
the strike and shallow dip extensions of the Santa Catalina vein that
occurs to the west of the historical Independencia Mine.
Gran Colombia halted further exploration work on this property
while it completes the modernization project at its
Segovia Operations.
http://www.grancolombiagold.com/operations-and-projects/colombia/default.aspx
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- God Bless -
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