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VM Holding S.A.
Summary
| Project: | Cerro Lindo | |
|---|---|---|
| Deposit: | Cerro Lindo | |
| Location: | Peru | |
| Commodities: | Zinc-Lead-Copper-Silver | |
| 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 Cerro Lindo deposit at the Cerro Lindo project. Resource and reserve estimates and economical assessment of the project. V.M. Holding S.A. (Votorantim) requested that Amec Foster Wh | |
| Resources: | (Reserve, Total): 52.38Mt @ 1.92% Zn, 0.68% Cu, 0.22% Pb, 20.16g/t Ag | |
| CP/QP: | [Resources]: Edward Orbrock (Amec Foster Wheeler Americas Ltd.) | |
| ABSTRACT: | V.M. Holding S.A. (Votorantim) requested that Amec Foster Wheeler Perú S.A. (Amec Foster Wheeler) prepare an independent technical report (the Report) in compliance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) and Form 43–101F1 Technical Report for Votorantim on the Cerro Lindo Operations (Cerro Lindo Operations or the Project), located in Chincha Province in Peru. The Cerro Lindo Operations comprise the Cerro Lindo underground zinc–lead–copper–silver mine (the Cerro Lindo Mine), a conventional comminution flotation process plant, a coastal desalination plant, and associated infrastructure. The mine produces separate zinc, lead–silver, and copper concentrates. Compañía Minera – Milpo S.A.A. (Milpo) is a public limited company incorporated in Peru, which is an indirectly-owned subsidiary of VM Holding S.A. VM Holding S.A. holds a direct 0.17% equity interest in Milpo, and has an indirect 80.06% equity interest through its subsidiary Votorantim Metais – Cajamarquilla S.A. Votorantim thus has an indirect controlling interest in Milpo. The remaining shares are owned by minority interests. The Cerro Lindo Mine is located in the Chavín District, Chincha Province, Ica Department of Perú, approximately 268 km southeast of Lima and 60 km from the coast. The current access from Lima is via the paved Pan American Highway south to Chincha (208 km) and then via an unpaved road up the Topará River valley to the mine site (61 km). Internal roadways connect the various mine-site components. | |
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