The Project VOLCAN is in ADVANCED DISCOVERY stage. Mining Property in CHILE : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Volcan Project

Volcan

Country

Chile

Close to

Copiapo

Status

ADVANCED DISCOVERY

Surface

248 km² / 61,380 acres

Latitude / Longitude

27 S 20 / 69 W 9

Legends


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Produces

Develops

Explores for

Gold -

Last updated on 11/15/2010 - Terms of Use

Risk and valuation analysis of the Volcan Project

Status Risk : Advanced discovery

Country Risk : Light

Title(s) of the Volcan Project

Andina Minerals Inc.
Owner: 100%


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Andina Mineras owns 100% of the project

Location of the Volcan Project
The Volcan Gold Project is located in Chile’s Region III approximately 170 kilometres east of Copiapo and 23 kilometres northeast of Kinross’ Maricunga gold mine (formerly known as the Refugio mine), Chile.

History of the Volcan Project
The Volcan sulphur deposits were probably first recognized by Europeans in the 17th century. The native sulphur deposits were reportedly exploited in the 19th century and used to manufacture sulphuric acid.

Geology of the Volcan Project
Gold-copper mineralization at Volcan is related to the intensely developed hydrothermal alteration that gave rise to the native sulphur deposits which occur throughout the property.

Title / Ownership

6/1/2010

Concludes 2009 Barrick Land Acquisition and Issues 1,408,980...

Exploration and drilling

12/9/2010	expands 2010-2011 Drilling Program to 31,600 meters
3/31/2010	Provides In-Fill Drilling Update on the Volcan Gold Project ...
3/8/2010	In-Fill Drilling on the Volcan Gold Project Continues to Del...
2/25/2010	Timing Update for Volcan Gold Project Studies
2/10/2010	Provides In-Fill Drilling Update on the Volcan Gold Project
5/21/2009	Double Mineral Concession Area Around Volcan Project Through...
1/19/2009	Granted Environmental Impact Declaration for Volcan Gold Pro...
9/23/2008	Moves to Strengthen Management Team to Advance Development o...
6/2/2008	Completes Acquisition of Water Rights for the Volcan Gold Pr...
1/9/2008	Reports Phase IV Drill Results from the Volcan Gold Project
1/2/2008	Signs Letter Agreement to Purchase Water Rights Near the Vol...
10/2/2006	Approves US$10 Million Phase III Exploration Program for Vol...
7/11/2006	Extends Strike Length of Volcan's West Zone

Discoveries and Drilling Results

5/25/2011	drills 266 m at 1.00 g/t Au, including 56 m at 2.6 g/t Au at...
2/15/2011	Drills 104 m at 2.21 g/t Au, Including 30 m at 3.98 g/t Au a...
9/16/2010	Reports Improved Grades in the 2010 Resource Update and Prov...
9/16/2010	Reports Improved Grades in the 2010 Resource Update and Prov...
6/8/2010	Reports High Grades From Its New Gold Zone at Ojo de Agua Ea...
6/8/2010	Drills 110 Metres of 1.72 g/t Gold in the Dorado West Zone
9/11/2009	Increases Measured & Indicated Resources at Volcan Gold Proj...
5/25/2009	Reports 2009 Volcan Drill Results; Provides Water and Sulphu...
10/6/2008	Establishes Resource at Volcan Gold Project's Ojo de Agua Ar...
7/21/2008	Measured & Indicated Resources Increase 126% at Volcan Dorad...
5/22/2008	Reports Continued Positive Metallurgical Results From Its Vo...
5/1/2008	Reports Continued Drilling Success at Volcan Gold Project
3/27/2008	Volcan Project Drilling Returns 544 Metres Grading 0.88 g/t ...
3/26/2008	Ojo de Agua Drilling Returns 48 Metres Grading 2.54 g/t Gold
2/25/2008	Dorado West Zone Drilling Returns 836 Metres Grading 0.64 g/...
2/19/2008	Andina Reports Volcan Gold Project Drill Results from the Oj...
10/22/2007	Reports Increased Resource Estimate for Volcan Gold Project
1/3/2007	Volcan Phase III Drilling Results Confirm Potential of West ...
9/19/2006	Increases Volcan Indicated Resource by 310% to 1.44 Million ...
6/22/2006	Cuts 362 Metres Grading 1.09 g/t Gold at Volcan Gold Project...
5/26/2006	Volcan Definition Drilling Returns 126 Metres Grading 1.05 g...
5/2/2006	Identifies Third Major Gold Zone at the Volcan Gold Project

Location

Data last updated on : 9/16/2010

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.