Chart canGOLD   Chart canSILVER  
 
Food for thought
In a democracy, dissent is an act of faith.
J. William Fulbright  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1359.60-27.44
Silver 22.25-0.41
Platinum 1451.52-31.48
Palladium 735.25-1.25
WORLD MARKETS
DOWJONES 15354120
NASDAQ 349934
NIKKEI 15138101
ASX 516016
CAC 40 400122
DAX 839828
HUI 246-10
XAU 97-3
CURRENCIES (€)
AUS $ 1.3162
CAN $ 1.3193
US $ 1.2825
GBP (£) 0.8461
Sw Fr 1.2477
YEN 132.4600
CURRENCIES ($)
AUS $ 1.0268
CAN $ 1.0279
Euro 0.7797
GBP (£) 0.6593
Sw Fr 0.9725
YEN 103.1300
RATIOS & INDEXES
Gold / Silver61.11
Gold / Oil14.16
Dowjones / Gold11.29
COMMODITIES
Copper 3.300.01
WTI Oil 96.020.86
Nat. Gas 4.060.13
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
2,488,909,311 $
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 635 708 841 US$
 Silver 36 970 143 10 349 325 26 620 818 36 970 143 oz 822 585 692 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