Risk and valuation analysis of the Peruvian Gold Sands Project |
Status Risk : Mine development |
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Title(s) of the Peruvian Gold Sands Project |
| GoldSands Development Company Interest: 25% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Peruvian Gold Sands Project |
The Gold Sands Project in Peru is Constitution Mining's principal project. It comprise an area of 38 200 ha (382 km2) which overly gold rich sands and gravels of the Rio Marañón system along the interface of the Andean chain and the Amazon foreland basin in north eastern Peru.
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History of the Peruvian Gold Sands Project |
Legend has it that the gold ransom which the followers of Atahualpa paid to Pizarro and his men came from the Rio Marañón. Alluvial mining has continued since then, albeit in a desultory fashion.
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Geology of the Peruvian Gold Sands Project |
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Peru has numerous small alluvial gold occurrences, there are only four major alluvial gold fields: Marañón-Santiago, Iquitos, Ucayali, and Madre de Dios. Large scale alluvial gold deposits tend to form in environments associated with convergent plate more...
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