Risk and valuation analysis of the Choco 10 Mine |
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Title(s) of the Choco 10 Mine |
| Rusoro Mining Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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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.
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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.
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