Risk and valuation analysis of the Lavras Do Sul Project |
Status Risk : Early discovery |
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Title(s) of the Lavras Do Sul Project |
| Amarillo Gold Corp. Option on interest: 60% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Amarillo must make total payments of US$1,265,000 in several installments through January 31, 2008 in order to acquire an initial 60% interest in the property. |
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Location of the Lavras Do Sul Project |
The Lavras do Sul project is located near the town of Lavras do Sul in the State of Rio Grande do Sul.
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History of the Lavras Do Sul Project |
Lavras do Sul, which means “diggings of the south” in Portuguese, was the subject of successive gold rushes in the 1880’s and 1930’s. It is estimated that about 350,000 oz. of gold were extracted during these gold rushes.
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Geology of the Lavras Do Sul Project |
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The gold at Lavras is hosted in structurally controlled alteration zones. There are two known zones of mineralization, Butia and Cerrito.
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