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Fura Gems Inc.
Summary
| Project: | Coscuez Emerald | |
|---|---|---|
| Deposit: | Coscuez Emerald | |
| Location: | Colombia | |
| Commodities: | Emerald | |
| Date: | 1/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-1-2018: Fura Gems Inc. announces an Exploration/Drilling Update report for its Coscuez Emerald deposit at the Coscuez Emerald project. Technical Report of the property. Ricardo A. Valls from Valls Geo-consultant (the QP) has been retained by Fura Gems | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ricardo Valls (Valls Geoconsultant) | |
| ABSTRACT: | Ricardo A. Valls from Valls Geo-consultant (the QP) has been retained by Fura Gems Inc. to prepare an independent National Instrument 43-101 compliant technical report on the the Coscuez Emerald Mine (“Cosquez Mine”) in Colombia. In Colombia, most of the emeralds mined come from the Muzo district, and the Coscuez Mine in the San Pablo de Borbur Municipality, has grown to become one of the top three producers of emeralds in Colombia. Although smaller than Muzo mine, the Coscuez mine has for more than 300 years produced some of the best emeralds from the Muzo region. Emeralds are green precious stones that are mined from the ground. They are the premier gems in the Beryl family. It is estimated that today Colombian emeralds account for nearly 70-90% of the world’s emerald market. The sedimentary rocks of the Muzo district were subjected to tectonic activity, and metamorphism. During these events, hydrothermal solutions appear to have been derived from unidentified igneous sources. These solutions rich in beryllium and other elements, traveled along zones of weakness in the rocks, such as fault/fracture zones. The solutions deposited emerald and other minerals along these fractures in the metamorphosed Muzo Group of sediments. Colombian emeralds are prized for their transparency, crystallization and fire. Emeralds range in color from a slightly light, yellowish green, to a deep, dark bluish green color. The darker green color is generally considered more desirable and the natural mineral inclusions, or flaws, add to the stone's character. This technical report documents a summary of scientific and technical information concerning mineral exploration, development and production activities status of this license for the Client prepared by P.Geo. Ricardo A. Valls from Valls Geoconsultant (the QP) following the terms and definitions of the National Instrument 43-101. | |
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