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Tocantinzinho Project
Tocantinzinho
Country Brazil 
Province Para
Close to Tapajos
Status ADVANCED DISCOVERY 
Surface 438 km² / 108,329 acres
Latitude / Longitude 06 S 10 / 56 W 16
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Last updated on 2/11/2010 - Terms of Use
Risk and valuation analysis of the Tocantinzinho Project
Status Risk : Advanced discovery
Country Risk : Moderate
Title(s) of the Tocantinzinho Project
Brazauro Resources Corporation
Interest: 100%
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Brazauro has now completed the acquisition of 100% of the mineral titles covering the Tocantinzinho project. The titles held through Cachambix represent approximately 70% of the Tocantinzinho deposit and are not subject to any third party royalty burden except the Brazilian Government royalty
Eldorado Gold Corporation
Interest: 75%
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In July 2008, Eldorado signed an option agreement with Brazauro Resources Corporation under which we can earn from Brazauro up to a 75% interest in the TZ project by undertaking $9.5 million of exploration and development expenditures over two years, and by paying Brazauro $90 million plus a production decision fee of up to $10 million.
Location of the Tocantinzinho Project
Tocantinzinho is located in the State of Pará in Northern Brazil, in the Tapajós Gold province, approximately, 200 km south-southwest of the city of Itaituba.
 
History of the Tocantinzinho Project
Gold is reported to have been first discovered in the region in 1747 but the area has only been a significant producer since the 1980s.
 
Geology of the Tocantinzinho Project
Gold is evenly distributed in the Proterozoic granitic host rock with some zones of high grade. The gold occurs in a sheeted stockwork of quartz-chlorite veinlets. Pyrite is ubiquitous with the gold mineralization and in high grade zones the presence of chalcopyrite and galena is also noted. The overall sulfide content of the mineralized body is in the range of 1-2%.
 
Location
Data last updated on : 8/17/2010
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