Wednesday, May 09, 2012 2:53:28 PM
Laguna Lagunilla Looking good for exploitation of 3 minerals.
Copper confirmed, lithium is there by test results, gold is a possibility, BHP has exploration rights in the region.
Minera Cerro Colorado, a Chilean subsidiary of BHP Billiton, is dedicated to the production of copper cathodes of high purity. The company is currently developing a project of U.S. $ 1.67 mn tending to expand the open pit mine at its copper operations of the First Region. The project involves the extraction of ore from stages 13 and 14 of the tank, located southwest of the existing open pit mine. It will extract a total of 192Mt of material from the new sections, consisting of 164Mt of overburden and 28Mt of ore. The project will not alter the current rate of processing 60,000 t / d operation, located in northern Chile. Minera Cerro Colorado was founded in 1992 and is headquartered in Iquique.
http://www.bnamericas.com/company-profile/es/Compania_Minera_Cerro_Colorado_Ltda,-Cerro_Colorado
This is the project
More info here
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74984048
Copper confirmed, lithium is there by test results, gold is a possibility, BHP has exploration rights in the region.
Minera Cerro Colorado, a Chilean subsidiary of BHP Billiton, is dedicated to the production of copper cathodes of high purity. The company is currently developing a project of U.S. $ 1.67 mn tending to expand the open pit mine at its copper operations of the First Region. The project involves the extraction of ore from stages 13 and 14 of the tank, located southwest of the existing open pit mine. It will extract a total of 192Mt of material from the new sections, consisting of 164Mt of overburden and 28Mt of ore. The project will not alter the current rate of processing 60,000 t / d operation, located in northern Chile. Minera Cerro Colorado was founded in 1992 and is headquartered in Iquique.
http://www.bnamericas.com/company-profile/es/Compania_Minera_Cerro_Colorado_Ltda,-Cerro_Colorado
This is the project
More info here
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74984048
This is only my opinion, not an endorsement to buy or sell anything. Buying stocks is risky; you could lose all of your investment. Always do your DD.
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