Guaico may be the first orebody but the current resource estimate does not include mineral from four new structures intersected by the tunnel/ramp development. Topsoil has been removed and stockpiled access roads are in place the permanent camp is partially complete 90% of the plant equipment has been ordered with the crushing, screening and milling equipment already on site or in transit.Ĭisneros is already showing healthy signs of exploration upside. In addition, civil works are well underway for the plant and infrastructure at Guayabito. In addition to the advanced mine development at Guaico, work has just begun on a parallel program at Guayabito for a portal and mine access via a ramp/tunnel system. “We have been waiting until the underground development is in place to be able to drill from the drifts and we are ready to start this in the near future,” Decker says. The current resource is also relatively shallow as Antioquia plans to drill additional holes from deep underground to find mineralisation that would be exploited in later years in the mine life.
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The company expects to update this resource in 2017. The aim is to get our measured and indicated re-sources to about 200,000 to give the market comfort that we can produce for many years,” says Decker.Ĭisneros hosts 599,000 tonnes at 5.05 /t gold in measured and indicated resources for 97,100 contained ounces, and 1.1 million tonnes at 4.9g/t gold in inferred resources for 173,000 contained ounces.
Notwithstanding this, the company is looking to undertake infill drilling on the southern part of Guayabito-with some 450m in five holes planned where 2016 drilling extended the structure by 200m. The nature of narrow high-grade vein deposits means that it is difficult to model the zones where structures cross and bonanza grades occur and the tight drill spacing required to obtain the higher resource categories for such deposits and therefore the associated drilling costs, led company management to believe that they were better off investing in mine development rather than drilling holes.Īntioquia expects that when mining starts in earnest it could achieve better than planned production results when it encounters such bonanza zones than its resource model allows it to give guidance on. “We made a corporate decision that 270,000oz was sufficient to get a mine of this size started, because to double that resource would have required spending another US$3–5 million on exploration and it probably would have taken another two years to get to that,” says VP of investor relations, Jim Decker.
This gap was filled by the financial, technical and management backing from Peru’s Infinita Minera Prosperidad group, specialists in underground precious metals mining in Peru. Murus Po Suite 1.While the company fell off most people’s radar in recent years, it is proof that patience and dedication can produce results in gold-rich Colombia and the timing for its approaching production could not be more serendipitous, coming as Colombia is receiving increased investor interest due to the success of other companies and projects.Īntioquia is driving a 4.5m-by-4m ramp into its Guaico orebody, comprised of high-grade narrow veins, having taken the decision to commence mining despite having a modest resource of 270,000 ounces at 5g/t gold and having not undertaken an independent preliminary economic assessment, prefeasibility study or feasibility study.
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You can access all advanced options to build and maintain a fully customized network infrastructure with a Mac. It is the most complete front end for the PF, and is integrated with the Murus Logs Visualizer, an application for analyzing PF records and statistics, and Vallum, a firewall for the application layer with real-time notifications. Murus Po Suite 1.4 macOS launches the large power of the PF, offering a very wide range of features.
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