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VELADERO Project
VELADERO
Country Argentina 
Province San juan province
Close to San juan
Status PRODUCTION 
Latitude / Longitude 29 S 23 / 69 W 57
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Produces Gold - Silver -
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Risk and valuation analysis of the VELADERO Project
Status Risk : Production
Country Risk : Moderate
Resource Risk : 60.00%
In situ value
1,820,494,355 $
Title(s) of the VELADERO Project
Barrick Gold Corp.
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Location of the VELADERO Project
The Veladero mine is located in San Juan Province, Argentina, immediately to the south of the Pascua-Lama Property, approximately 320 kilometers northwest of the city of San Juan in the highly prospective Frontera District
 
History of the VELADERO Project
Veladero production started in 2005
 
Geology of the VELADERO Project
The Veladero orebody is an oxide, gold-silver deposit, hosted by a Miocene diatreme-dome complex. Mineralization occurs in silicified volcanic breccias at the core of the high sulphidation alteration and is controlled by stratigraphy, structural trends and elevation.
 
Reserves and resources of the VELADERO Project
TonnageGradeReserves and resources
SilverGoldSilverGold
g/tg/tozoz
 Measured3,873,0007.200.38 896 543 47 318
 Mesured and Indicated3,873,0007.200.38 896 543 47 318
 Total 3 873 000 896 543 47 318
Definitions
Reserves and resources of the VELADERO Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 47 318 47 318 47 318 oz 61 449 395 US$
 Silver 896 543 896 543 896 543 oz 17 599 136 US$
Production history
Metal20092008200720062005
GOLD (oz)610,998536,000472,998510,998548
Location
Data last updated on : 12/31/2009
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