Picota Project |
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Picota |
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Country |
Peru
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Close to |
Cajamarca |
Status |
BROWN EXPLORATION
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Surface |
32 km² / 7,907 acres |
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Legends
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Explores for
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Copper - Gold - Silver -
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Risk and valuation analysis of the Picota Project |
Status Risk : Brown exploration |
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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.
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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.
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Geology of the Picota Project |
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Mineralization on the Picota property is hosted by rocks belonging to the Calipuy Formation, which also host the Yanacocha and Pierina gold deposits.
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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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