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Atico Mining Corp V.ATY

Alternate Symbol(s):  ATCMF

Atico Mining Corporation is a Canada-based company, focused on exploring, developing, and mining copper and gold projects in Latin America. Its segments include El Roble mine, El Roble exploration and evaluation (E&E), La Plata E&E. Its El Roble mine segment include its mining operations at El Roble. Its El Roble E&E segment include E&E activities at El Roble. La Plata E&E segment include E&E activities at Compania Minera La Plata S.A. (CMLP). The Company’s principal project El Roble mine is an underground copper, gold and silver mine and processing plant located in the Department of Choco in Colombia. This operating underground mine has processed approximately 3.5 million tons of copper-gold ore. The La Plata project is a gold-rich volcanogenic massive sulfide (VMS) deposit. The La Plata project consists of two concessions covering a total area of 2,235 hectares along its nine-kilometer length, which contains mineralization in two VMS lenses and nine priority exploration targets.


TSXV:ATY - Post by User

Post by nozzpackon Aug 03, 2020 5:53pm
231 Views
Post# 31358674

La Plata Now Worth $1.65 billion in the ground

La Plata Now Worth $1.65 billion in the groundPOG briefy rose above $2000 early this week.

Regardless, at $1950 POG , La Plata metal content is worth $1.65 billion in the ground.
Recent drill results have increased both the dimensions and grade of the contained metal.

There are several permutations of metal recoveries that would maximize the value of the recovered
 metal.

GoldCopper would certainly do the trick , recovering about 70% of the contained gold and copper.

Atico won't be the mine developer.
Once its resource dimensions and grades meet  M & I 43-101 standards , it will be sold .
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