| Risk and valuation analysis of the San Simon Project |
| Status Risk : Advanced discovery |
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| Location of the San Simon Project |
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San Simon is located 450 km north of Santa Cruz, Bolivia and 20 km from the border between Bolivia and Brazil.
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| History of the San Simon Project |
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The San Simon Plateau has been mined ever since gold was first discovered there in the mid 18th Century by Jesuit monks who called the plateau Cerro del Oro (Gold Plateau).
The most active period of mining occurred in the 1990’s when the San Simon village had over 1,000 inhabitants and produced an estimated 75,000 oz of gold.
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| Geology of the San Simon Project |
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The San Simon project concessions cover a plateau that rises up to 300 m above the late Tertiary lateritic Amazonian peneplain. The plateau is made up of the Proterozoic Serranía San Simón Group of a low to high grade greenshist facies metamorphic ar more...
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