Picota Project
Picota
Country Peru 
Close to Cajamarca
Status BROWN EXPLORATION 
Surface 32 km² / 7,907 acres
Legends
Valorisation
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Produces
Develops
Explores for Copper - Gold - Silver -
Last updated on 12/30/2010 - Terms of Use
Risk and valuation analysis of the Picota Project
Status Risk : Brown exploration
Country Risk : Important
Title(s) of the Picota Project
Candente Copper Corp.
Owner: 100%
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Teck Resources Limited
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Location of the Picota Project
The Picota Property, held 100% by Candente (subject to a 0.75% NSR to Cominco) covers 3,200 hectares. The property is situated within the "Yanacocha External Caldera System", which hosts several economic deposits within 50 kilometres of Yanacocha, in the Western Andes of Peru.
 
History of the Picota Project
Yanacocha is one of the largest heap leachable gold mines in the world with production costs of $88 per ounce and reserves of 35 million ounces of gold. The average grade of the Yanacocha deposits varies from 0.8 to 2.8 gpt and the cutoff grade is 0.35 gpt.
 
Geology of the Picota Project
Mineralization on the Picota property is hosted by rocks belonging to the Calipuy Formation, which also host the Yanacocha and Pierina gold deposits.
 
Data last updated on : 1/9/2008
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.