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AngloGold Ashanti Ltd.
Summary
| Project: | Quebradona | |
|---|---|---|
| Deposit: | Quebradona | |
| Location: | Colombia | |
| Commodities: | Gold-Copper | |
| Date: | 2/19/2019 | |
| Report Code: | SAMREC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 19-2-2019: AngloGold Ashanti Ltd. announces a Resource Estimation report for its Quebradona deposit at the Quebradona project. Initial Ore reserve estimate for the Quebradona project. (JOHANNESBURG – RELEASE) – AngloGold Ashanti Limited (AGA) is pleased t | |
| Resources: | (Reserve, Prob.): 104.05Mt @ 0.66g/t Au, 1.21% Cu | |
| CP/QP: | [Resources]: Pable Luis Noriega (Internal) | |
| ABSTRACT: | (JOHANNESBURG – RELEASE) – AngloGold Ashanti Limited (AGA) is pleased to announce the maiden Ore Reserve for the Quebradona Project. The Quebradona Project is a Joint Venture between AGA (94.876% and manager) and B2Gold (5.124%). The AngloGold Ashanti board has approved the project to proceed to a feasibility study (FS) phase. The Quebradona project is situated in the Middle Cauca region of Colombia, in the Department of Antioquia, 60km south-west of Medellin (Figure 1). Quebradona is a project that completed a conceptual study (2016) and a prefeasibility study (PFS) (2019). It is a JV between AngloGold Ashanti (94.876%) and B2Gold (5.124%). Five main targets have been identified, namely Nuevo Chaquiro, Aurora, Tenedor, Isabela and La Sola. The most advanced of the targets, Nuevo Chaquiro, a significant copper-gold porphyry-style mineralised system, is one of five known porphyry centres on the property and has been the focus of exploration activities since the beginning of 2011 with more than 75km of drilling. Nuevo Chaquiro was the sole deposit considered in the PFS. | |
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