Risk and valuation analysis of the Co-O Project |
Status Risk : Advanced discovery |
|
|
|
|
|
|
|
|
|
|
|
Title(s) of the Co-O Project |
| Medusa Mining Ltd Owner: 100% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
|
|
|
|
History of the Co-O Project |
Drilling, which commenced in late 2004, intersected the vein system on the east side of the Oriental Fault and subsequently delineated the vein system over a strike length of approximately 500 metres to east. Drilling to the west has extended the veins for over 500 metres giving a total strike length of approximately 1,000 metres.
|
|
Geology of the Co-O Project |
|
The Co-O Mine vein system trends westerly and is truncated by a major north-trending fault (the Oriental Fault) which has vertically downthrown the vein system on the eastern side of the fault by an estimated 300 metres and moved the veins horizontally by approximately 20 to 40 metres, with the east side moved to the south.
|
|
|
|
|
|
Production history |
Metal | 2010 | 2009 | 2008 | 2007 | 2004 | 2003 | 2002 |
GOLD (oz) | 89,678 | 47,868 | 19,008 | 16,615 | 15,529 | 17,589 | 16,708 |
|
|
|
|