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Wheaton Precious Metals Corp.
Summary
| Project: | Salobo Operations | |
|---|---|---|
| Deposit: | Salobo Operations | |
| Location: | Brazil | |
| Commodities: | Copper-Gold | |
| Date: | 3/30/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-3-2020: Wheaton Precious Metals Corp. announces a Resource Estimation report for its Salobo Operations deposit at the Salobo Operations project. Updated Mineral Resource Estimate for Project. The Salobo Operations comprise a large open pit mine and con | |
| Resources: | (Reserves, P+P): 1,148.4Mt @ 0.60 Cu, 0.32g/t Au | |
| CP/QP: | [Resources]: Neil Burns, Marcos Dias Alvim (Internal, Vale Base Metals) | |
| ABSTRACT: | The Salobo Operations comprise a large open pit mine and concentrator facilities located in the Carajás Mining District in eastern Pará State, Brazil. The mine is 100% owned by Vale S.A. This technical report (the Report) summarizes the supporting information for the December 31, 2019 Mineral Reserve and Mineral Resource estimates for the Salobo Operations and summarizes the material information relating to the Salobo Operations. The Report has been prepared in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) and Form 43–101F1. All estimates are supported by applicable scientific and technical information. Unless otherwise indicated, all financial values are reported in US currency and metric as the units of measure. The Salobo deposit is hosted in the Carajás Mining District within Carajás Province, a sigmoidal-shaped, west–northwest to east–southeast-trending late Archean basin. The basin contains a basement assemblage that is dominated by granite–tonalitic orthogneisses of the Pium Complex, and amphibolite, gneisses and migmatites of the Xingu Complex. | |
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