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Yamana Gold Inc.
Summary
| Project: | El Penon | |
|---|---|---|
| Deposit: | El Penon | |
| Location: | Chile | |
| Commodities: | Gold | |
| Date: | 3/29/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 29-3-2018: Yamana Gold Inc. announces a Resource Estimation report for its El Penon deposit at the El Penon project. Updated mineral resources and reserves. Roscoe Postle Associates Inc. (RPA) was retained by Yamana Gold Inc. (Yamana) to prepare an indepe | |
| Resources: | (Reserve, P+P): 4.393Mt @ 5.41g/t Au, 166.9g/t Ag for 763koz Au, 23.578Moz Ag contained at project | |
| CP/QP: | [Resources]: Chester Moore (Roscoe Postle Associates Inc.) | |
| ABSTRACT: | Roscoe Postle Associates Inc. (RPA) was retained by Yamana Gold Inc. (Yamana) to prepare an independent Technical Report on the El Peñón gold-silver deposit, located near Antofagasta in northern Chile. The purpose of this report is to provide Yamana with an independent assessment of the Mineral Reserves and Mineral Resources to support public disclosure of information on a material operation. This Technical Report conforms to NI 43- 101 Standards of Disclosure for Mineral Projects (NI 43-101). RPA visited the property from August 7 to 9, 2017. Yamana is a Canadian reporting issuer listed on the Toronto Stock Exchange (TSX), and the New York Stock Exchange (NYSE). Yamana is involved in the acquisition, exploration, and development of gold properties in North and South America. Yamana operates a portfolio of mines in Brazil, Chile, and Argentina. The company also holds interests in the Alumbrera mine in Argentina and the Canadian Malartic mine in Canada. In the third quarter of 2007, Yamana acquired and merged with Meridian Gold Inc. (Meridian), a mid-tier gold producer with two mining operations in Chile and development and exploration projects throughout the Americas. The El Peñón Mine, owned by Yamana’s subsidiary Minera Meridian Limitada, was one of Meridian’s gold producers in Chile. | |
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