| Cripple Creek & Victor (Cresson Mine) |
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Cripple Creek & Victor (Cresson Mine) |
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Country |
USA
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Province |
Colorado |
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Close to |
Denver |
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Status |
PRODUCTION
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Latitude / Longitude |
38 N 43 / 105 W 08 |
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Legends
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| Risk and valuation analysis of the Cripple Creek & Victor (Cresson Mine) |
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| Title(s) of the Cripple Creek & Victor (Cresson Mine) |
 | AngloGold Ashanti Ltd
Joint venture: 67% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| AngloGold Ashanti (Colorado) Corp. holds a 67% interest (33% remaining belonging to Golden Cycle Gold Corp) in CC&V with a 100% interest in the gold produced until loans extended to the joint venture are repaid. |
 | Golden Cycle Gold Corporation
Owner: 33% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| CC&V currently controls over 85% of the patented claims within the district and 100% of the land within the year-end 2006 Total Mineral Resource. All gold ore reserves and mineral resources are stated at 100% ownership basis, although portions of the ore reserves are subject to third party royalties which vary according to individual agreements with the underlying property owner. |
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| Location of the Cripple Creek & Victor (Cresson Mine) |
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CC&V is situated south-west of Colorado Springs in the state of Colorado in the United
States.
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| History of the Cripple Creek & Victor (Cresson Mine) |
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Cresson mine is a low-cost, open-pit mining operation which treats the ore mined by means of a heap-leach pad, which is one of the largest in the world. Production began here in 1994.
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| Geology of the Cripple Creek & Victor (Cresson Mine) |
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The district of Cripple Creek is centred on an intensely altered alkaline, tertiary-aged, diatremevolcanic, intrusive complex, approximately circular in shape covering 18.4 square kilometres, surrounded by older Precambrian rocks. The Precambrian rocks consist of biotite gneiss, granodiorite and quartz monzonite intrusions which were is in turn intruded by the 1 GA Pikes Peak granite.
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Data last updated on : 12/31/2006
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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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