Pinos Altos Project |
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Pinos Altos |
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Country |
Mexico
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Province |
Chihuahua |
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Status |
PRODUCTION
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Mining Trend |
Sierra Madre |
Surface |
110 km² / 27,181 acres |
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Latitude / Longitude |
8 N 23 / 108 W 25 |
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Legends
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Risk and valuation analysis of the Pinos Altos Project |
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Title(s) of the Pinos Altos Project |
| 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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In 2005, the company entered into an option agreement with Industrias Peñoles SA de CV (one of Mexico's largest mining companies) to acquire the Pinos Altos project in northern Mexico. In March, 2006, Agnico-Eagle completed the acquisition of 100% of the project. |
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Location of the Pinos Altos Project |
Pinos Altos is located in the Sierra Madre gold belt, 225 km west of Chihuahua, the state capital, directly accessible by paved highway.
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History of the Pinos Altos Project |
Initial production is scheduled for mid-2009, beginning with ore from the open pit. Underground mining will be phased in over four years. The gold will be processed by conventional milling although a heap leach option is also being contemplated. Gold more...
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Geology of the Pinos Altos Project |
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Approximately 60% of the Pinos Altos mineral resource is located in the Santo Niño zone, along a regional fault zone that holds a number of other known deposits in the area. This Santo Niño zone has thicknesses of up to 45 metres over a length of 2 km, and a vertical extent identified to over 750 metres. It remains open to the west and at depth.
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Production history |
Metal | 2009 |
GOLD (oz) | 9,633 |
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Discoveries and Drilling Results | |
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Data last updated on : 12/31/2009
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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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