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San Rafael/El Placer Project
San Rafael/El Placer
Country
Venezuela
Close to
El callao
Status
MINE DEVELOPMENT
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Risk and valuation analysis of the San Rafael/El Placer Project
Status Risk : Mine development
Country Risk : Very High
Resource Risk : 29.00%
In situ value
1,268,416,012 $
Title(s) of the San Rafael/El Placer Project
Rusoro Mining
Title
Company Profile
All Projects
Company website
Company project page
Location of the San Rafael/El Placer Project
SREP is located adjacent to the Company's La Camorra Mill.
History of the San Rafael/El Placer Project
There are more than 12 gold zones, each 1 to 2 metres wide and 200 metres long, that have been identified and the Company is currently mining the upper portion of several lenses. All zones are open to depth and the property hosts a number of intriguing exploration drill targets.
Geology of the San Rafael/El Placer Project
The geology of the San Rafael and El Placer concessions is dominated by rocks of the Botanamo Group part of the Guyana Shield . In the property area, this unit comprises intermediate volcanic, volcaniclastic, and sedimentary rocks. The units strike a
more...
Reserves and resources of the San Rafael/El Placer Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Indicated
640,000
19.40
399 184
Mesured and Indicated
640,000
19.40
399 184
Inferred
700,000
23.20
522 128
Total
1 340 000
921 312
Definitions
Reserves and resources of the San Rafael/El Placer Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
921 312
399 184
399 184
522 128
oz
1 277 463 294 US$
Production Objectives
Metal
2013
2014
2015
2016
2017
GOLD (oz)
55,000
55,000
55,000
55,000
55,000
Exploration and drilling
6/1/2010
Rusoro to Increase Gold Production
5/12/2010
Receives Pre-Feasibility Report on the SREP Project
Data last updated on : 12/31/2008
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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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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