Choco 10 Mine
Choco 10 Mine
Country Venezuela 
Province Bolivar
Close to El callao
Status PRODUCTION 
Surface 72 km² / 17,826 acres
Latitude / Longitude 7 N 17 / 61 W 56
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Produces Gold -
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Last updated on 12/26/2010 - Terms of Use
Risk and valuation analysis of the Choco 10 Mine
Status Risk : Production
Country Risk : Very High
    Link to technical report
Title(s) of the Choco 10 Mine
Rusoro Mining
Owner: 100%
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Location of the Choco 10 Mine
The Choco 10 gold mine is located on the Choco 4 and 10 concession, close to the historic gold mining town of El Callao in Bolivar state, Venezuela. The property includes a number of relatively low grade gold deposits which are currently being mined as open pits.
 
History of the Choco 10 Mine
Operation of the Choco 10 mine was initiated by Bolivar Gold Inc. through its Venezuelan subsidiary PMG in 2005 and sold to Gold Fields in March, 2006. Open pit mining has, to date, focused on weathered or oxidized material in the Pisolita, Coacia and Rosika deposits. The Choco 10 mine commenced production in August, 2005.
 
Production history
Metal20092007
GOLD (oz)126,00054,600
Location
Data last updated on : 12/22/2010
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