For thousands of other reports visit RSC's Mineral Intellingence Map
Genius Properties Ltd.
Summary
| Project: | Excelsior | |
|---|---|---|
| Deposit: | Excelsior | |
| Location: | Peru | |
| Commodities: | Lead-Copper-Zinc-Silver | |
| Date: | 7/27/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-7-2018: Genius Properties Ltd. announces a Supporting Acquisition report for its Excelsior deposit at the Excelsior project. Amended report summarising property in support of acquisition. Genius Properties Ltd. proposes, through the acquisition of the | |
| Resources: | (historic estimates only) | |
| CP/QP: | [Overall Report]: Michel Boily (Geon Ltee) | |
| ABSTRACT: | Genius Properties Ltd. proposes, through the acquisition of the El Metalurgista and Parcela “K” concessions, to exploit the mineralized material contained within the Excelsior Mineral Pile (EMP) and Quiulacocha Tailing (QT) forming residues generated by the processing of the Cerro de Pasco Mine Pb-Zn-Ag-Cu ore located in east-central Peru. The Excelsior project consists of the the El Metalurgista Concession and Parcela “K” surface land, the latter including the previous concession. Both are situated 310 km by road northeast of the capital city of Lima, at close proximity to the city of Cerro de Pasco and Cerro de Pasco mine, east-central Peru. El Metalurgista occupies an area of 95.74 ha and was optioned by Genius from Mr. Manuel Lizandro Rodríguez-Mariátegui, whereas the Parcela “K” surface land covers an area 293.5ha and is the process to be acquired by Genius. Best historical Mineral Resources Estimates for the EMP generated “Indicated Resources”+, with a Pb cut-off of 0.8 wt. %, of 13.74 Mt @ 0.09 wt. % Cu, 0.74 wt. % Zn and 64.6 g/t Ag with Pb+Zn wt.%=2.38; whereas the “Inferred Mineral Resources”+ totaled 29.15 Mt @ 0.09 wt. % Cu, 0.76 wt. % Zn and 66.9 g/t Ag with Pb+Zn=2.30 wt. %. The combined “Inferred and Indicated Mineral Resources”+ generated 42.89 Mt @ 0.09 wt. % Cu, 0.73 wt. % Pb , 1.59 wt. % Zn and 66.1 g/t Ag (76.4 M Oz) with Pb+Zn= 2.33 wt. %. For the North and South Quiulacocha Tailings, the best estimate generated a total “Indicated Mineral Resources”+ of 2.94 Mt @ 43.1 g/t Ag, 418 ppm Cu, 0.79 wt. % Pb and 1.43 wt. % Zn. These estimates need to be updated into 43-101 compliant Mineral Resources Estimates. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report