| PENEDONO Project |
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Country |
Portugal
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Close to |
Penedono |
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Status |
BROWN EXPLORATION
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Surface |
51 km² / 12,652 acres |
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Latitude / Longitude |
40 N 58 / 7 W 23 |
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Legends
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Explores for
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Gold - Silver -
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| Risk and valuation analysis of the PENEDONO Project |
| Status Risk : Brown exploration |
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| Title(s) of the PENEDONO Project |
 | Colt Resources Inc.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| On July 4, 2007, Colt acquired the Penedono Exploration License from Rio Narcea Gold Mines S.A. of Portugal
As consideration for the Assignment, Colt issued 200,000 (post-consolidated) restricted common shares of the Company to Rio Narcea Portugal more... |
 | Lundin Mining Corporation.
Net Smelter Return: 1% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the PENEDONO Project |
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The Penedono concession is situated in north central Portugal approximately 295 air kilometres north-northeast or
four hours driving time from Lisbon, the country’s capital The village of Penedono, the exploration base
for the concession, lies about 50 km northeast of the city of Viseu. Several smaller villages within the concession
include Guarda, Riodades, Castainco and Ferronha
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| History of the PENEDONO Project |
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The concession area was explored and exploited for gold since at least Roman times. Numerous small excavations
attest to tungsten mining during the 1940s and 1950s. In the mid-1950s, the Santo Antonio gold mine went into
production near the town of more...
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| Geology of the PENEDONO Project |
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The concession is largely underlain by upper Paleozoic age leucocratic “S Type” two-mica granite. Rocks include
equigranular to feldspar porphyritic, muscovite only to muscovite-biotite granite. All gold mineralization on the
concession is hosted b more...
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Data last updated on : 1/9/2008
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Disclaimer
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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.
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