Risk and valuation analysis of the Toqui Project |
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Title(s) of the Toqui Project |
| Breakwater Resources Ltd Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The property was subsequently purchased by Lac Minerals. In 1994, Barrick Gold Corporation acquired Lac Minerals which included El Toqui. Breakwater purchased El Toqui in August 1997. |
| Royal Gold Inc. |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Toqui Project |
The El Toqui mine is located in Chile 's Region XI, approximately 1,350 kilometres south of Santiago and 120 kilometres northeast of Coyhaique
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History of the Toqui Project |
The El Toqui deposit was discovered in the early 1970's. Metallgesellschaft AG owned the property for a number of years and then sold it to a Chilean entrepreneur. The property was subsequently purchased by Lac Minerals. In 1994, Barrick Gold Corporation acquired Lac Minerals which included El Toqui. Breakwater purchased El Toqui in August 1997.
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Geology of the Toqui Project |
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Zinc/gold mineralization at El Toqui occurs as manto deposits hosted by an 8 metre to 12 metre thick bed of fossiliferous limestone, known as the Main Manto unit. The El Toqui deposits all dip gently to the south, and are amenable to room and pillar mining, with 11 metre rooms around 8 metre pillars. The Doña Rosa Mine is accessed via an adit.
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