| Risk and valuation analysis of the Cuiu Cuiu Project |
| Status Risk : Advanced discovery |
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| Title(s) of the Cuiu Cuiu Project |
 | Magellan Minerals Ltd
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Cuiu Cuiu Project |
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The Cuiú Cuiú district is located 180 kilometers southwest of the small city of Itaituba, the regional hub for the Tapajós Mineral Province (TMP) in northern Brazil. Itaituba is located approximately midway between Belém and Manaus; both are cities o more...
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| History of the Cuiu Cuiu Project |
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Cuiú Cuiú's heyday as an alluvial gold producer was from 1972 to 1992, when it was part of the largest gold rush in history. Over 1,000,000 people rushed to northern Brazil to seek their fortunes, and approximately 300,000 of these miners or "garimpeiros", ended up working the rich alluvial deposits draining into the Tapajós River. At Cuiú, 5,000 to 10,000 people lived and worked in the area.
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| Geology of the Cuiu Cuiu Project |
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The Cuiú Cuiú area consists of a series of intensely mined rivers, streams and artisinal workings called garimpiero pits or "garimpos", covering an area of approximately 80 km2. The garimpo pits are small to medium-sized excavations, generally develo more...
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