| Risk and valuation analysis of the Sigma-Lamaque Project |
|
|
|
|
|
|
|
|
|
| Title(s) of the Sigma-Lamaque Project |
 | Century Mining Corporation
Owner: 100% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| In September 2004, the Company purchased the Sigma-Lamaque Complex, including the Sigma and Lamaque mineral deposits, the 5,000 tonnes per day CIP plant and associated infrastructure, and 12.6 sq. miles of surrounding exploration properties. |
|
|
|
| Location of the Sigma-Lamaque Project |
|
The Sigma-Lamaque Complex is located in the Val-d'Or area of the Province of Québec.
|
| |
| History of the Sigma-Lamaque Project |
|
The Sigma and Lamaque mines both operated underground for most of the last century and produced a total of approximately 9.4 million ounces. The underground mines were closed as a result of low gold prices in the 1990s. An open pit was later developed by McWatters Mining Inc. on the crown pillar of the Sigma mine and is being operated by Century today.
|
| |
| Geology of the Sigma-Lamaque Project |
|
|
The Lamaque deposit is a vein type deposit located in the eastern end of the Abitibi belt. The Lamaque Complex covers an area of about one square mile, and descends to a known depth in excess of 6,000 feet.
|
| |
|
|
