Chart usGOLD   Chart usSILVER  
 
Food for thought
There are two mistakes one can make along the road to truth - not going all the way, and not starting
Buddha  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1366.80-1.90
Silver 21.61-0.09
Platinum 1432.50-3.50
Palladium 707.70-2.10
WORLD MARKETS
DOWJONES 15318132
NASDAQ 348230
NIKKEI 13134127
ASX 4795-10
CAC 40 3861-3
DAX 823014
HUI 255-7
XAU 1030
CURRENCIES (€)
AUS $ 1.4126
CAN $ 1.3692
US $ 1.3389
GBP (£) 0.8565
Sw Fr 1.2312
YEN 127.5800
CURRENCIES ($)
AUS $ 1.0551
CAN $ 1.0224
Euro 0.7469
GBP (£) 0.6397
Sw Fr 0.9192
YEN 95.2780
RATIOS & INDEXES
Gold / Silver63.25
Gold / Oil13.88
Dowjones / Gold11.21
COMMODITIES
Copper 3.160.00
WTI Oil 98.480.04
Nat. Gas 3.910.01
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Ciénega Project
Ciénega
Country Mexico 
Province Durango
Close to Durango
Status PRODUCTION 
Latitude / Longitude 25 N 02 / 106 W 20
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces Gold - Silver -
Develops
Explores for
Risk and valuation analysis of the Ciénega Project
Status Risk : Production
Country Risk : Light
Resource Risk : 86.00%
In situ value
2,464,396,199 $
Title(s) of the Ciénega Project
Fresnillo Ltd.
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Location of the Ciénega Project
The Ciénega mine is located in the northwest corner of the State of Durango, approximately 325 kilometres from Durango, the capital of the State.
 
History of the Ciénega Project
The district has intermittently been explored since 1971 by Penoles. After the third series of diamond drilling and direct development work on vein, Peñoles decided to begin project construction.
 
Geology of the Ciénega Project
The gold and silver deposits are found in a 4-km (2.5mile) long system of veins. Ciénega’s ore bodies consist of quartz veins containing gold, silver, lead and zinc values. The vein thicknesses vary from 2 to 10 m (6.5 to 33 ft) with a northwest trend and nearby vertical dip. Veins are hosted in Tertiary volcanic rocks
 
Reserves and resources of the Ciénega Project
TonnageGradeReserves and resources
SilverGoldSilverGold
g/tg/tozoz
 Proven2,900,000111.004.10 10 349 325 382 272
 Probable6,900,000120.003.70 26 620 818 820 809
 Proven and Probable9,800,000117.343.82 36 970 143 1 203 081
 Total 9 800 000 36 970 143 1 203 081
Definitions
Reserves and resources of the Ciénega Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 1 203 081 382 272 820 809 1 203 081 oz1 644 371 024 US$
 Silver 36 970 143 10 349 325 26 620 818 36 970 143 oz 798 924 801 US$
Production history
Metal201020092008
GOLD (oz)113,351103,510
LEAD (lbs)6,468,00013,500,00020,082,000
SILVER (oz)1,198,0001,589,0001,066,903
ZINC (lbs)10,112,00017,526,00024,773,000
Production
1/14/2011Q4 production report
Location
Data last updated on : 12/31/2008
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources