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Martha Mine
Martha Mine
Country
Argentina
Province
Santa cruz
Status
PRODUCTION
Surface
49 km² / 12,170 acres
Latitude / Longitude
48 S 45 / 70 W 13
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Risk and valuation analysis of the Martha Mine
Status Risk : Production
Country Risk : Moderate
Resource Risk : 58.00%
In situ value
132,138,793 $
Title(s) of the Martha Mine
Coeur d'Alene Mines Corporation
Owner: 100%
Title
Company Profile
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Company website
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In November 1999, Northgate agreed to provide Yamana Resources Inc. ("Yamana") with a $4 million project finance facility for the first phase of development of the Martha high-grade silver deposit in Santa Cruz Province, Argentina. In April 2001
more...
Royal Gold Inc.
Net Smelter Return: 2%
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Location of the Martha Mine
The Martha Mine is located in the Santa Cruz Province of Argentina, 30 miles (48 kms) northeast of the town of Gobernador Gregores.
History of the Martha Mine
The Martha silver deposit is located in the SW part of the Deseado Massif and was discovered in 1997 by Yamana Resources. Coeur completed the acquisition of the Martha high grade underground silver mine including 60,000 ha of prospective ground in A
more...
Geology of the Martha Mine
Silver and gold mineralization at Martha is hosted in intermediate sulfidation, epithermal quartz and quartz adularia veins and veinlets and breccias within generally sub-horizontal volcanic rocks of the Jurassic-aged Chon Aike Formation. The deposit
more...
Reserves and resources of the Martha Mine
Tonnage
Grade
Reserves and resources
Silver
Gold
Silver
Gold
g/t
g/t
oz
oz
Proven
16,329
1,915.22
2.40
1 005 470
1 260
Probable
52,616
1,070.41
1.37
1 810 752
2 318
Proven and Probable
68,945
1,270.50
1.61
2 816 223
3 578
Measured
907
1,098.18
1.03
32 024
30
Indicated
40,823
1,009.38
0.69
1 324 801
906
Mesured and Indicated
41,730
1,011.31
0.70
1 356 825
936
Inferred
29,937
1,610.07
1.71
1 549 687
1 646
Total
140 612
5 722 735
6 159
Definitions
Reserves and resources of the Martha Mine
Metal
Total
Reserves
Mineralized Material
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Silver
5 722 735
1 005 470
1 810 752
2 816 223
32 024
1 324 801
1 356 825
1 549 687
oz
121 321 981 US$
Gold
6 159
1 260
2 318
3 578
30
906
936
1 646
oz
8 277 763 US$
Production history
Metal
2009
SILVER (oz)
3,710,000
Exploration and drilling
11/20/2006
Signs Exploration Agreement on Properties in Argentina
Discoveries and Drilling Results
12/20/2007
Stand-Alone Mill at Coeur's Mina Martha Mine Commissioned
Location
Data last updated on : 12/31/2008
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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