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VM Holding S.A.
Summary
| Project: | Atacocha Mine | |
|---|---|---|
| Deposit: | Atacocha Mine | |
| Location: | Peru | |
| Commodities: | Zinc-Lead-Copper-Silver-Gold | |
| Date: | 9/21/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 21-9-2017: VM Holding S.A. announces a Resource Estimation report for its Atacocha Mine deposit at the Atacocha Mine project. Resource and reserve estimates and economical assessment of the project. The Atacocha mine is owned by Compañía Minera Atacocha ( | |
| Resources: | ||
| CP/QP: | [Resources]: James Gilbertson (SRK Consulting) | |
| ABSTRACT: | The Atacocha mine is owned by Compañía Minera Atacocha (Atacocha), which is controlled 91% by Milpo Andina Peru S.A.C. Milpo Andina Peru S.A.C is controlled 99.99% by Cía Minera Milpo S.A.A.(Milpo). Milpo is an indirect subsidiary of Votorantim S.A., which through Votorantim Metais - Cajamarquilla S.A. (Parent Company) and VM Holding S.A.(VMH) (Located in Luxembourg), controls 80.06% of Milpo common shares. Atacocha operates two mines, Atacocha underground mine and San Gerardo open pit. The complex consists on the two mines and a conventional 4,500 tonnes per day (tpd) concentration processing plant for the treatment of polymetalic ore (zinc, lead, copper, silver, gold), located in Peru, South America. This Technical Report has been conducted to evaluate Mineral Resources, Mineral Reserves, mine and production plans and the economics, maintaining 4,500 tpd plant capacity from 2018 until year 2028. The Atacocha property is located in the district of San Francisco de Asís de Yarusyacán, in the province of Pasco, Peru. The property is located in the central Andes mountains region of Peru, at an approximate elevation of 4,200 masl. The mine situated at kilometer 324 of the Carretera Central Highway (Lima - Huánuco route), 16 km from the city of Cerro de Pasco. The Atacocha mine is owned by Compañía Minera Atacocha (Atacocha), which is controlled 91% by Milpo Andina Peru S.A.C. Milpo Andina Peru S.A.C is controlled 99.99% by Cía Minera Milpo S.A.A.(Milpo). Milpo is an indirect subsidiary of Votorantim S.A., which through Votorantim Metais - Cajamarquilla S.A. (Parent Company) and VM Holding S.A.(VMH) (Located in Luxembourg), controls 80.06% of Milpo common shares. | |
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