Minesite Forum

Thursday, May 23, 2013

Introduction to La India Project

  • Historic production 576,000 oz gold @ 13.4g/t prior to closure in 1956. Circa 40,000 oz gold p.a. Noranda Mining
  • 2,408,000 oz gold @ 4.6g/t to NI 43-101 CIM Code – Sept 2012
  • Including 954,000 oz gold at 3.6g/t high grade open pit with 1g/t cut off
  • Preliminary Economic Assessment to NI 43-101 standards
  • 150,000 oz gold at 3.8g/t per annum production for first 8 years of 13 years
  • Resource confined to only 10% of District
  • Excellent Infrastructure: Main tarmac road southern end of project.
  • Electricity pylons by road