Risk and valuation analysis of the LLuvia de Oro Project |
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Title(s) of the LLuvia de Oro Project |
| VanEck Vectors Global Alternative Energy ETF Owner: 100% |
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The Company has signed an agreement which gives it the right to 100% ownership of the Lluvia de Oro Gold Mine. The projects, located 3.5 km apart, are being developed by Columbia
Metals through its Mexican subsidiary Minera Columbia de Mexico, SA de more... |
| VanEck Vectors Global Alternative Energy ETF Net Smelter Return: 2% |
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Location of the LLuvia de Oro Project |
Located in the state of Sonora, in northern Mexico, Lluvia de Oro was designed as a large tonnage, low-grade gold operation. The property currently includes one open pit, two heap leach pads and a gold recovery plant. The facility entered into produc more...
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History of the LLuvia de Oro Project |
Small scale mining had taken place intermittently at both properties for many years prior to the 1980s, but the ownership and production records for these are incomplete. Compania Fresnillo, S.A. de C.V. (hereafter "Fresnillo") conducted reconnaissan more...
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