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Vatukoula Gold Mine
Vatukoula Gold Mine
Country Fiji 
Close to Suva
Status PRODUCTION 
Latitude / Longitude 16 S 56 / 177 E 49
Legends
Valorisation
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Produces Gold -
Develops
Explores for
Risk and valuation analysis of the Vatukoula Gold Mine
Status Risk : Production
Country Risk : Light
Resource Risk : 47.00%
In situ value
6,901,844,973 $
Title(s) of the Vatukoula Gold Mine
Vatukoula Gold Mines
Interest: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
VGM has a 100% equity interest in the Vatukoula Gold Mine and exploration licenceson VitiLevu(SPL 1344, SPL 1201, SPL 1360)
Location of the Vatukoula Gold Mine
The Mine is located in Fiji, an island group in the South Pacific Ocean. Fiji comprises two main islands, Viti Levu and Vanua Levu, with many smaller surrounding Islands. The Mine is located in the northern part of the island of Viti Levu within the Tavua Basin, situated within the Tavua volcano.
 
History of the Vatukoula Gold Mine
The Vatukoula Gold Mine is an underground mine with an operational history of over 70 years.
 
Geology of the Vatukoula Gold Mine
The Mine is hosted within basaltic rocks of the Tavua Volcano, except for the R1 area which is hosted in the younger Turtle Pool Formation. Mineralization is hosted within quartz carbonate veins and is typically seen as flatmakes, steep shears and sh more...
 
Reserves and resources of the Vatukoula Gold Mine
TonnageGradeReserves and resources
GoldGold
g/toz
 Proven400,00015.20 195 477
 Probable1,500,0009.80 472 616
 Proven and Probable1,900,00010.94 668 093
 Measured8,500,0006.00 1 639 688
 Indicated5,000,0008.70 1 398 557
 Mesured and Indicated13,500,0007.00 3 038 246
 Inferred4,700,0008.60 1 299 533
 Total 20 100 000 5 005 871
Definitions
Reserves and resources of the Vatukoula Gold Mine
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 5 005 871 195 477 472 616 668 093 1 639 688 1 398 557 3 038 246 1 299 533oz6 901 094 092 US$
Production history
Metal2010200920062005200420032002200120001999
GOLD (oz)59,65767,51324,992109,946138,243125,764143,901124,609156,933136,934
Production Objectives
Metal2013201420152016201720182019
GOLD (oz)100,000100,000100,000100,000100,000100,000100,000
Exploration and drilling
12/15/2009Signing of the Vatukoula Trust Deed
Discoveries and Drilling Results
1/14/2010Fiji's Vatukuola gold mine confirmed as world class resource
Location
Data last updated on : 8/31/2009
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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources