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QUIMSACOCHA PROJECT
QUIMSACOCHA PROJECT
Country
Ecuador
Province
Azuay
Close to
Cuenca
Status
FEASIBILITY
Latitude / Longitude
3 S 2 / 79 W 13
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Risk and valuation analysis of the QUIMSACOCHA PROJECT
Status Risk : Feasibility
Country Risk : Very High
Resource Risk : 57.00%
In situ value
5,348,502,629 $
Title(s) of the QUIMSACOCHA PROJECT
IAMGOLD Corporation
Owner: 100%
Title
Company Profile
All Projects
Company website
Company project page
Location of the QUIMSACOCHA PROJECT
Quimsacocha Project is located in Azuay Province, Ecuador, South America.
History of the QUIMSACOCHA PROJECT
Pre-feasibility study completed. Final feasibility expected 12 months after work permit approval. Production expected in early 2012.
Geology of the QUIMSACOCHA PROJECT
The local Quimsacocha geology is dominated by Upper Miocene volcanics and volcanoclastics, including the Turi, Turupamba, Quimsacocha and Tarqui Formations. The property is located between two major faults, the Gañarin and Girón Faults. A caldera, 4
more...
Reserves and resources of the QUIMSACOCHA PROJECT
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Probable
8,098,000
6.50
1 692 319
Proven and Probable
8,098,000
6.50
1 692 319
Indicated
9,935,000
6.60
2 108 157
Mesured and Indicated
9,935,000
6.60
2 108 157
Inferred
299,000
6.30
60 562
Total
18 332 000
3 861 038
Definitions
Reserves and resources of the QUIMSACOCHA PROJECT
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
3 861 038
1 692 319
1 692 319
2 108 157
2 108 157
60 562
oz
5 357 962 171 US$
Exploration and drilling
7/30/2007
New Targets at IAMGOLD?s Quimsacocha Project Show Promise
Discoveries and Drilling Results
3/18/2008
Advances Pre-Feasibility at Quimsacocha
9/27/2006
a 21% Increase in Indicated Resources at Quimsacocha
8/9/2006
Quimsacocha Drill Results
6/9/2006
announce initial results from 2006 drill program at Quimsaco...
Location
Data last updated on : 12/31/2008
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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