Angostura Project
Country Colombia 
Close to Bucaramanga
Surface 300 km² / 74,130 acres
Latitude / Longitude 7 N 24 / 72 W 56
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Develops Gold - Silver -
Explores for
Last updated on 12/6/2010 - Terms of Use
Risk and valuation analysis of the Angostura Project
Status Risk : Feasibility
Country Risk : Important
Title(s) of the Angostura Project
Greystar Resources Ltd
Owner: 100%
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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%.
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.
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...
Geology of the Angostura Project
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...
Production Objectives
GOLD (oz)680,000680,000680,000
SILVER (oz)3,000,0003,000,0003,000,000
Data last updated on : 5/31/2008
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