RE: The reason we are in Ecuador is because this country has been almost untouched in terms of exploration and there's literally no large-scale mining going on. Lukas Lundin came in here with Fruta del Norte and they're building it and should be in production by the end of 2019. There is a Chinese group EcuaCorriente. They're building, but nobody is actually in production. We are in the forefront of this in Ecuador, plus we have this massive exploration potential because the country hasn't been explored even though it's between Peru, which has been reasonably explored and Colombia, which has been reasonably explored, on the Andean trend and it is on the hinge of the Andes, right on the southern end. That's why we're finding our ideas were correct beginning with the Linderos discovery in middle of last year. We are just starting to drill it, but our surface exploration is nothing short of stupendous. That was a virgin discovery, no old workings, nothing nearby, and there was no indication of gold there. Nobody had actually found the gold sitting at surface.
Shortcut:Description Company InfoKey Contacts Shareholders Subsidiaries Related ProjectsRelated News COMPANY DETAIL Description EcuaCorriente (ECSA), an Ecuadorian subsidiary of China's CRCC-Tongguan consortium, is engaged in the exploration and development of copper deposits in Ecuador. The CRCC-Tongguan joint venture is comprised of Chinese state companies Tongling Non Ferrous Metals and China Railways Construction Corporation.
Quito-based EcuaCorriente holds the Mirador and Panantza San Carlos projects in Zamora Chinchipe province.
In 2015, the company began construction of Mirador which would make it the country's first large-scale open-pit mine.
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