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Yamana Gold Inc.
Summary
| Project: | Minera Florida | |
|---|---|---|
| Deposit: | Minera Florida | |
| Location: | Chile | |
| Commodities: | Gold-Silver-Zinc | |
| Date: | 2/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 14-2-2017: Yamana Gold Inc. announces an Exploration/Drilling Update report for its Minera Florida deposit at the Minera Florida project. Drilling results incl. 16m @ 7.77g/t Au from 385.0m. YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or “the Company”) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: William Wulftange (Internal) | |
| ABSTRACT: | YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or “the Company”) herein provides an update on the exploration programs at its El Peñón, Minera Florida, Gualcamayo and Chapada properties. At Minera Florida, exploration activities in 2016 changed from a focus on infill and Mineral Reserve replacement in 2015 to a focus on Mineral Resource discovery and growth. For 2016, the focus was on extending known deposits in the core mine areas along strike and to depth, and venturing into new areas outside of the core mine area to develop mineral anomalies identified in prior exploration programs. In 2017, the program will follow up on significant surface exploration mapping and sampling completed in 2015 and 2016 given some success in identifying numerous quartz vein trends and gold anomalies that are proposed to be linked to producing vein structures at depth. As announced in the Company’s exploration update dated October 27, 2016, Yamana acquired control of the entire Minera Florida district which provides access to previously unexplored ground immediately south and southeast of the mine area. he Las Pataguas target was developed in late 2016 through district mapping and geochemical sampling. The deposit is within the core mine complex, proximal to existing mine infrastructure. It is at a lower elevation and closer to the plant infrastructure than the current mine working (Figure 3). Anomalous chip samples collected on northwest trending silicified outcrops identified this 1.2 kilometre trend as a high priority target. | |
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