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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company. The Company was focused on the development of the Angostura Project in northeastern Colombia, which consists of the main Angostura deposit and its five satellite prospects. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.


CSE:EOM - Post by User

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Post by ACE223on Feb 22, 2016 12:00pm
186 Views
Post# 24581825

Paramo info as of late

Paramo info as of late
Red eagles deposit 
Santa Rosa is 1700 m above sea level close to the city of Medellin. Paramos (treeless alpine) would be above 3500m or above


Excerpt from the article on what are considered paramos:
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According to senator Cepeda, the court’s ruling will lead to a “profound discussion about how paramos are delimited.” He told the Guardian that the plaintiffs, together with environmental organisations and others, intend to ensure the government abides by the court’s ruling and “will seek the suspension of more than 400 mining titles.”

AAS’s Margarita Florez says the court’s ruling cannot be appealed. “The decision is a constitutional sentence and therefore it is binding on the government and must be complied with,” she told the Guardian. “There is no way to appeal it.”

The court’s ruling cites various definitions of paramos, including “the highest and most exposed regions of tropical Andean mountain ranges” and “neotropical mountains between the upper limit of forest vegetation (3,200-3,800 ms above sea level) and the lower limit of perpetual snows (4,400-4,700 ms) in Andean systems.” It quotes the Humboldt Institute describing them as “key sites that “harvest” rainfall and snow water stored in glacial lakes, bogs, marshes and peat soils” that are “held for a relatively long period of time and released constantly and slowly.”

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Read more at https://www.stockhouse.com/companies/bullboard/bullboard/v.rd/red-eagle-mining-corporation#Jl47vYq0xmqIzMCQ.99
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