Benzdorp Gold Project
Benzdorp Gold Project
Country Suriname 
Close to Paramarimbo
Status PAST PRODUCER 
Surface 1,395 km² / 344,704 acres
Latitude / Longitude 01 N 40 / 54 W 06
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Last updated on 2/10/2010 - Terms of Use
Risk and valuation analysis of the Benzdorp Gold Project
Status Risk : Past producer
Title(s) of the Benzdorp Gold Project
Canarc Resource Corp.
Interest: 80%
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In 1996 Canarc entered into an option agreement with Grassalco, the state-owned mining company, to earn up to an 80% interest in the Benzdorp project. Gassalco has the right to convert its 20% net profit interest (NPI) into a 6% Net Smelter Royalty NSR).
Location of the Benzdorp Gold Project
The project is located on the French Guianan border in southeastern Suriname, 300 km southeast of Paramaribo, the capital city. The property is accessible by charter aircraft to the nearby Tabiki airstrip or by boat up to the Marowijne and Lawa Rivers then by ATV on property roads. Benzdorp consists of four exploration concessions measuring 42 by 31 km spanning a total area of 1,395 km2.
 
History of the Benzdorp Gold Project
The first recorded gold production at Benzdorp was by English and Dutch companies in the late 1800’s, which exploited the vast placer deposits in the area. The total Past alluvial mine production is estimated to be over 1 million ounces of gold with  more...
 
Geology of the Benzdorp Gold Project
Benzdorp is contained entirely within the Pre-Cambrian Guyana Shield of northern South America. Exploration interest in the Guyana Shield began in the 1990's as a result of Placer Dome's (now absorbed by Barrick Gold) Las Cristinas gold discovery in  more...
 
Location
Data last updated on : 8/18/2008
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