Risk and valuation analysis of the Angostura Project |
Status Risk : Feasibility |
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Title(s) of the Angostura Project |
 | Greystar Resources Ltd Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Greystar has acquired, through purchase and direct acquisition, a 100% interest in all of the
mineral licenses and permits, which are subject to a the NPI royalty interests. Upon production, there is a government royalty of 4% on the gross value of gold production
on all mineral holdings, calculated on 80% of the London gold price fixing, or an effective rate of
3.2%. |
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Location of the Angostura Project |
The Angostura Gold-Silver Project is located in the mountains of the eastern Cordillera of South America, approximately 400 km North-Northeast of the Colombian capital city Santa fé de Bogotá.
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History of the Angostura Project |
Early gold mining activities are reported to have occurred in the general area of the Angostura
deposit since pre-colonial times and continued during Spanish rule with the mining of high-grade
veins and placers in the area. After independence and t more...
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Geology of the Angostura Project |
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The Angostura gold-silver mineralization occurs in a swarm of veins and mineralized structures that generally dip steeply to the north, and strike east-west, northeast-southwest and northwest-southeast. The mineralized structures may be single veins, more...
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Production Objectives |
Metal | 2023 | 2024 | 2025 |
GOLD (oz) | 680,000 | 680,000 | 680,000 |
SILVER (oz) | 3,000,000 | 3,000,000 | 3,000,000 |
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