| Maricunga Project |
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Maricunga |
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Country |
Chile
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Close to |
Copiapó |
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Status |
PRODUCTION
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Surface |
59 km² / 14,579 acres |
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Latitude / Longitude |
27 S 33 / 69 W 18 |
Mining District |
Maricunga |
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Legends
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| Risk and valuation analysis of the Maricunga Project |
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| Title(s) of the Maricunga Project |
 | Kinross Gold Corporation
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Kinross acquired its original 50% interest and became operator of the mine through the Kinam Merger on June 1, 1998. In February 2007, Kinross acquired the remaining 50% to become 100% owner of the Maricunga property through the acquisition of Bema Gold Corporation. |
 | Exeter Resource Corporation
Option on interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Anglo American plc |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Capella Resources Ltd. |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Maricunga Project |
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The Maricunga open pit mine is located in the Maricunga Mining District in central Chile, approximately 120 kilometers east of Copiapo and is situated between 4,200 meters and 4,500 meters above sea level.
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| History of the Maricunga Project |
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Bema commenced exploration fieldwork in October 1989. The mine first operated from 1996 to 2001. Mining operations at Refugio were suspended during the second quarter of 2001, a result of depressed gold prices. Improving gold prices during 2002 prompted CMM to
evaluate options for re-opening the mine
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| Geology of the Maricunga Project |
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Gold mineralization at Refugio has been interpreted as porphyry style gold systems and is hosted in the Refugio volcanic-intrusive complex of Early Miocene age. The porphyries occur
within a sequence of intermediate tuffs, porphyries and breccias that are the host rocks to the gold mineralization.
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Data last updated on : 12/31/2008
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Disclaimer
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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.
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