Risk and valuation analysis of the MARMATO MINE |
|
|
|
|
|
|
Title(s) of the MARMATO MINE |
| Colombia Goldfields Ltd. Option on interest: 100% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
|
|
|
|
Location of the MARMATO MINE |
The Marmato project is located in the Department of Caldas, Colombia and is approximately 80 km due south of the city of Medellín, the capital of the Department of Antioquia.
|
|
History of the MARMATO MINE |
Marmato, known locally as Colombia's "Golden Mountain," is the producer for which the region is named. The reputed wealth of Marmato is such that Colombia used it as collateral with the British government to secure funding for its war of independence against Spain. The mountain is thought to have been in continuous production by local miners for more than 500 years.
|
|
Geology of the MARMATO MINE |
|
The Marmato Mountain Gold District is located on the eastern edge of the Western Cordillera of the Colombian Andes. It is adjacent to the major Romeral Fault Zone, a terrane boundary between Paleozoic-age continental basement of the Central Cordillera to the east, and Cretaceous-age oceanic basement of the Western Cordillera.
|
|
|
|