Risk and valuation analysis of the Gramalote Project |
Status Risk : Feasibility |
|
|
|
|
|
|
|
|
|
|
|
Title(s) of the Gramalote Project |
| B2Gold Corp. Joint venture: 51% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
B2Gold, as manager and operator of the Gramalote property, will fund project exploration expenditures to complete a feasibility study of the project. Thereafter, expenditures will be funded pro rata between B2Gold (51%) and AngloGold Ashanti (49%). |
| VanEck Vectors Global Alternative Energy ETF Joint venture: 49% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
|
|
|
|
Location of the Gramalote Project |
The Gramalote property totals 85,534 hectares and is located in the Department of Antioquia, 230 km northwest of the Colombian capital of Bogota and 80 km northeast of Medellin in central Colombia.
|
|
Geology of the Gramalote Project |
|
The Gramalote property is contained within and underlain by medium- to coarse-grained tonalite and granodiorite of the Cretaceous Antioquian Batholith. Gold mining in the Gramalote area has been carried out since Pre-Colombian times to the present.
|
|
|
|