The South African mining company Anglo Gold Ashanti -In alliance with the firm LATIN METALS INC.- presented in Salta your exploration project of gold, copper, silver, manganese, molybdenum and lithium salts advanced in the area of Organizles20 kilometers from San Antonio de los Cobres.
During the presentation, the multinational company based in Johannesburg He presented technical aspects of the project, such as the location and quantity of exploration wells, the work period that will demand exploration, security measures, plans to mitigate the environmental impact among other issues.
As revealed by the local newspaper THE UNION OF THE ANDESin The public hearing participated more than 200 people, among which were the executives of Anglo Gold Ashantimunicipal authorities, legislators of the Los Andes department, representatives of the Salteño government, local institutions, mining and construction workers unions, members of the original communities, the cameras of mining companies and mining services, the local media and neighbors.
“We are very satisfied with the development of the audience, a large number of the attendees demonstrated their support for the organic project and the development of a responsible mining in San Antonio de los Cobres”stood out from the mining company involved to The union.
Likewise, the promoters of the project pointed out that during the presentation “the questions and doubts of all those who wanted to speak, all in a climate of respect and harmony were answered.”
Salta Mining Organo Project
THE UNION OF THE ANDES
Who is the owners of the Organo de Salta project
Latin Metals It owns 100% of the 100% Organo project. However, you have an option assigned to Anglogold Ashantiwhich was also associated with the other projects Trigal and Ana María.
Anglogold It has an initial option to obtain a 75% participation in the projects Organo, Trigal and Ana María collectively through cash payments of US $ 2,575,000 and exploration expenses of US $ 10 million for five years.
Mining Project Organo de Salta
THE UNION OF THE ANDES
But in addition, the South African multinational will have a second option to obtain an additional 5% (80% in total) participation delivering an independent estimate of mineral resources or 43-101 and making a payment in equivalent cash au $ s4.65 per equivalent ounce of measured and indicated resource gold defined.
What is the San Antonio de los Cobres Organo project
The project has a great imprisonment of alteration and mineralization with geochemical and objective anomalies in a 10 km heading length, which makes Organo in one of the greatest geochemical anomalies in Argentina.
According to Latin Metals, the project was historically known as a gold exploration site with high local law on the surface and with a small -scale historical mining registered in the mine Julio Verne in the 1930s. “The gold potential remains a focus of attention today, but with recently recognized potential for copper porphyry systems,” The company rumbled.
The historical exploration includes approximately 10,000 meters of diamond and RC drilling, but only a small portion of the length of 10 kilometers has been subject to exploration by drilling and most of the objectives remain without trying.
Salta Luis Vacazur Gabriela Miranda Project
THE UNION OF THE ANDES
What are the steps to follow in the Organo project
Asked at the public hearing on the next project, the managers announced meetings with communities of native peoples and with provincial officials.
“Now there will be a meeting with the Kolla community the desert, the Secretary of Indigenous Affairs and the companywithin the framework of the free and informed prior consultation file. After that, it will only be necessary to expect the Ministry of Mining to grant the Advanced Exploration Permission in Organo so that the company can then resume its activities there, after two years of pause, ”they said.
Source: Ambito
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