Risk and valuation analysis of the MINTO Mine |
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Title(s) of the MINTO Mine |
| VanEck Vectors Global Alternative Energy ETF Purchasing Contract: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Silverstone will purchase all of the gold and silver production from the Minto mine and, in exchange, Sherwood will receive an up-front payment from Silverstone of US$37.5 million, plus a further payment of the lesser of (a) US$300 per ounce of gold more... |
| VanEck Vectors Global Alternative Energy ETF Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The Minto Mine owned 100% by Minto Explorations Ltd., a wholly owned subsidiary of Sherwood Copper Corporation. |
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Location of the MINTO Mine |
The Minto Mine is a high-grade open pit copper-gold deposit located 240km north of Whitehorse in the Yukon Territory of Canada.
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History of the MINTO Mine |
The Minto project has a history of exploration and development dating back to the early 1970's. In the mid-1990's, a feasibility study was completed by prior owners, permits obtained and construction of an open pit mine commenced. Construction was su more...
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Geology of the MINTO Mine |
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Regionally, the Minto area lies within the Yukon Crystalline Terrane. The Yukon Crystalline Terrane consists mainly of Mesozoic plutonic rocks that have been intruded and overlain by Tertiary volcanic rocks.
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Production history |
Metal | 2010 | 2009 | 2008 | 2007 |
COPPER (lbs) | 40,454,000 | 53,657,000 | 47,687,000 | 5,351,000 |
GOLD (oz) | 50,863 | | 30,758 | |
SILVER (oz) | 206,838 | 325,696 | 259,824 | |
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