The Project AURIZONA is in MINE DEVELOPMENT stage. Mining Property in BRAZIL Province of MARANHÃO : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Aurizona Project

Aurizona

Country

Brazil

Province

Maranhão

Status

MINE DEVELOPMENT

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Produces

Develops

Gold -

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Last updated on 3/1/2011 - Terms of Use

Risk and valuation analysis of the Aurizona Project

Status Risk : Mine development

Country Risk : Moderate

Title(s) of the Aurizona Project

Luna Gold Corp
Owner: 100%


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It is 100% owned and operated by Luna Gold Corp. ("Luna") (TSXV:LGC).

Sandstorm Gold
Interest: 17%


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Sandstorm has acquired 17% of the life of mine gold production from Aurizona for an upfront payment of US$17.8 million in cash and 5.5 million common shares of Sandstorm plus ongoing per ounce payments equal to the lesser of US$400 and the then prevailing market price per ounce of gold.

Location of the Aurizona Project
The Aurizona Gold Project ("Aurizona") is located in Maranhão State in northern Brazil.

Geology of the Aurizona Project
Aurizona is interpreted to be an orogenic gold deposit hosted in a greenstone belt of the São Luis Craton. There are a number of mineralized bodies on the property.

Production

2/9/2011

(Sandstorm Gold)Announces Commercial Production At Luna Gold'S Aurizona Gold...

Reserves and Resources

4/9/2013

(Sandstorm Gold)Announces Increase toAurizona?sProven and Probable Mineral R...

Exploration and drilling

1/15/2014	(Sandstorm Gold)Announces Recommencement of Mine Operations at Aurizona
2/9/2011	(Luna Gold)Announces Commercial Production at Aurizona
1/11/2011	(Luna Gold)Announces Armed Robbery at Aurizona
12/13/2010	(Luna Gold)Further Increases Strategic Land Position At Aurizona
11/16/2010	(Luna Gold)Significantly Increases Land Position at Aurizona after Iden...
8/26/2010	(Luna Gold)Commences 20,000 Metre Drill Program at Aurizona and Outline...
5/21/2010	(Luna Gold)Announces Full Process Commissioning And Commencement Of Gol...

Discoveries and Drilling Results

12/8/2011	(Luna Gold)Announces Major Resource Update at Aurizona
11/7/2011	(Luna Gold)Drills 13.00 Meters @ 33.63 g/t Au Including 4.00 Meters @ 1...
10/27/2011	(Luna Gold)Drills 13.50 Meters @ 3.15 g/t Au Including 3.00 Meters @ 8....
7/25/2011	(Luna Gold)Drills 19.00 Meters @ 4.67 g/t Au and 53.00 Meters @ 2.09 g/...
6/6/2011	(Luna Gold)Drills 48.00 Meters @ 3.29 g/t Au Including 12.00 Meters @ 7...

Data last updated on : 6/23/2009

Disclaimer
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.