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VM Holding S.A.
Summary
| Project: | Vazante | |
|---|---|---|
| Deposit: | Vazante | |
| Location: | Brazil | |
| Commodities: | Zinc-Lead-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 Vazante deposit at the Vazante project. Resource and reserve estimates and economical assessment of the project. V.M. Holding S.A. (Votorantim) requested that Amec Foster Wheeler Pe | |
| Resources: | (Reserve, Total): 15.02Mt @ 10.48% Zn, 0.29% Pb, 15.92g/t Ag | |
| CP/QP: | [Resources]: Douglas Reid (Amec Foster Wheeler Plc) | |
| 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 Vazante Operations (Vazante Operations or the Project), located in Minas Gerais State in Brazil. The Vazante Operations comprise the Vazante underground zinc– lead–silver mine (the Vazante Mine) and the Extremo Norte underground zinc–lead– silver mine (the Extremo Norte Mine). The corporate entity that conducts the mining operations is Votorantim Metais Zinco SA, an indirectly wholly-owned subsidiary of Votorantim. For the purposes of this Report, unless otherwise noted, Votorantim and Votorantim Metais Zinco SA will be referred to interchangeably as Votorantim. The Vazante Operations are located about 7 km from the municipality of Vazante, in Minas Gerais State. Access from Brasilia is via federal highway BR-040 toward Paracatu, thence south to the city of Guarda Mor on MG-188, and to the mine site using highway LMG-706. Concentrates are trucked about 250 km to the Tres Marias smelter. The closest commercial airport is in Brasilia. The Vazante municipal airport for light aircraft is adjacent the mine site. The close-out date for the Vazante (including Sucuri Norte) and Extremo Norte databases is 27 December, 2016. A total of 631 channel samples were used for estimation with the drill hole samples. | |
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