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Caldas Gold Corp.
Summary
| Project: | Marmato | |
|---|---|---|
| Deposit: | Marmato | |
| Location: | Colombia | |
| Commodities: | Gold-Silver | |
| Date: | 2/28/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-2-2020: Caldas Gold Corp. announces a PEA report for its Marmato deposit at the Marmato project. Updated PEA for the Marmato Project. This report was prepared as a Preliminary Economic Assessment-level (PEA) National Instrument 43- 10 | |
| Resources: | (Resources, M+I): 17.3Mt @ 3.7g/t Au, 13.0g/t Ag | |
| CP/QP: | [Resources]: Benjamin Parsons (SRK Consulting (US) Inc.) | |
| ABSTRACT: | This report was prepared as a Preliminary Economic Assessment-level (PEA) National Instrument 43- 101 (NI 43-101) Technical Report (Technical Report) for Bluenose Gold Corp. (Bluenose) in respect of Zona Baja in the Marmato Project owned by Gran Colombia Gold Marmato S.A.S. (GCM or Company and formerly Mineros Nacionales S.A.S.) by SRK Consulting (U.S.), Inc. (SRK) on the Combined Marmato Mine (Upper Mine) and Marmato Deeps Mine (MDZ or Project). GCM is an indirect wholly-owned subsidiary of Gran Colombia Gold Corp. (Gran Colombia). The Marmato Project is located between latitudes and longitudes 5°28’24”N and 5°28’55”N, and 75°35’57”W and 75°38’55”W, respectively; with altitudes ranging from approximately 1,156 to 1,705 m. What has been traditionally termed the Marmato Project is made up of three separate areas within a historic mining district, historically named Zona Alta (License #CHG_081), Zona Baja (License #014- 89m) and Echandia (License #RPP_357), of which Zona Baja is 100% owned by GCM and Zona Alta and Echandia are owned indirectly, through other subsidiaries, by Gran Colombia. GCM is currently in the process of extending the duration of the Zona Baja mining contract for which the current 30-year term expires in October 2021. | |
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