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Yamana Gold Inc.
Summary
| Project: | Gualcamayo | |
|---|---|---|
| Deposit: | Las Vacas, Cerro Condor, Potenciales | |
| Location: | Argentina | |
| Commodities: | Gold | |
| Date: | 9/6/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 6-9-2016: Yamana Gold Inc. announces an Exploration/Drilling Update report for its Las Vacas, Cerro Condor, Potenciales deposit at the Gualcamayo project. Drilling results incl. 44.00m @ 1.05g/t Au from 2.00m at Potenciales. TORONTO, ONTARIO, September 6, | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: William Wulftange (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO, September 6, 2016 ─ YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or “the Company”) herein provides an update on several of the exploration programs at its Chapada, Jacobina, Gualcamayo, Minera Florida and Monument Bay properties. The primary goals of the Company’s exploration programs are to discover and develop new Mineral Resources, and to upgrade Mineral Resources to Mineral Reserves at the Company’s operations. New discoveries at existing mines are the optimal way to create sustainability, growth and long term value. Results to-date from the 2016 exploration programs are encouraging at all levels including target generation, exploration drill testing, and Mineral Resource infill and ore delineation programs. The Gualcamayo mine is located in Argentina in the north-central portion of San Juan Province and has been in continuous operation since 2008. Mineralization at Gualcamayo is formed as sedimenthosted disseminated gold deposits, disseminated gold along fracture zones overprinting sulfide bearing skarn alteration and as disseminations in porphyry intrusive stocks. The initial 2016 exploration budget of $4.0 million was earmarked primarily for Mineral Resource infill drilling within the QDD Main pit and the underground mine areas, infill and limited deep drilling of the Las Vacas mineral body. | |
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