| Natividade Project |
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Natividade |
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Country |
Brazil
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Close to |
Natividade |
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Status |
EARLY DISCOVERY
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Latitude / Longitude |
11 S 42 / 47 W 43 |
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Legends
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| Risk and valuation analysis of the Natividade Project |
| Status Risk : Early discovery |
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| Title(s) of the Natividade Project |
 | Colossus Minerals Inc
Interest: 70% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Colossus, the project operator, has concluded an option agreement with Terrana Mineradera Ltda (a Brazilian private company) to acquire a 70% interest in the Natividade project. This agreement involves Colossus making staged payments of US$1.5M and exploration expenditures of US$2M over three years. |
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| Location of the Natividade Project |
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Mainly to the south of, but encompassing the town of Natividade in Tocantins State, Brazil, the project area comprises two contiguous exploration licences aggregating 10,000 hectares. Most of the area comprises sparsely vegetated scrublands with minor low intensity agricultural development. Access is by a series of roads and tracks from Natividade.
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| Geology of the Natividade Project |
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Natividade gold mineralization is mainly hosted by a metasedimentary –metavolcanic package, a Palaeoproterozoic greenstone belt (view project geology), unconformably overlain by Proterozoic siliciclastics, and intruded by granites exposed to the east of the project area. The greenstone belt is well mineralised and resembles those of West Africa hosting pluton-related gold.
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Data last updated on : 2/11/2009
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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