( Machine Translation)

The municipalities of Buritica, Cisneros and Santa Rosa de Osos focus in the coming years the new national gold potential.
 
Three mining projects of multinational Red Eagle Mining, Antioquia Gold Gold and Continental will begin in the coming weeks a major gold production in the center of the department of Antioquia.
 
(See also: If you do not know what to invest, think about the option of precious metals). 
 
Projects that have been being deployed by multinational cited in the last 8 years in the municipalities of Santa Rosa de Osos, Cisneros and Buritica draw attention to this type of mining as its magnitude had not been developed in the country in last 20 years.
 
"The three projects by size, not only help to increase mining production in the country, but that step will increase the royalties due to gold prices," said the President of the National Mining Agency, Silvana Habib. 
 
The volume of reserves is so attractive to investors because they are calculated in just over six million tons.
 
A study by the International Bank for Reconstruction and Development (IBRD) conducted in 2008 indicates that the main mining product Antioquia is gold, whose deposits are found in several of its areas such as Amalfi, Segovia, Remedios, Zaragoza, El Bagre , Frontino, Abriaqu, Caramanta, Buritica, Cisneros and Santa Rosa de Osos.
 
Indeed, in the latter town its mining project company Red Eagle Mining is the earliest start production which is estimated at 1,000 tons per day, and with a projected 2017 70,000 ounces of commercial production.
 
Canadian multinational indicates that the complex is profitable because it allows the opportunity to increase production to 2,000 tons with a close parallel mine and drill-ready targets regional exploration. 
 
Mining project in Santa Rosa de Osos also participate as strategic partners Stracon firms GyM (Grana y Montero Group), Lycopodium, Mine Development Associates and Golder Associates.
 
The mining project to start next operation is the Antioquia Gold mining in the municipality of Cisneros whose drilling began in 2009 and to date has drilled more than 45,000 meters in 209 holes.
 
"The main objective of the drilling campaign of the company during the past year was to increase the confidence levels of resources in the gold project. This was done in order to begin work on a new reserve estimate Cisneros, "she says on its website Antioquia Gold mining.
 
The Cisneros Project consists of several mineral deposits as Guaico, Guayabito, Nus and Papi. And the resource estimate is based on data from 141 holes comprising a total of 35,400 meters.
 
Antioquia Gold to measured and indicated resources of the project were estimated at 97,000 ounces of gold and inferred resources were estimated at 173,000 ounces.
 
The third project  to start work is at Buritica from the multinational Continental Gold, located in the middle strip of the Cauca River, and comprising an aggregate of 61,749 hectares.
 
The project will also comprise 24 mining concessions covering 29,812 hectares of concessions and 40 applications for a total of 31,937 hectares.
 
According to Continental Gold, gold reserve is estimated at 3.7 million ounces and mineral resources are projected at 4.71 million ounces. 
 
Also, in the productive life of the mine it is produced 3,492,000 ounces of gold recovered. And the first five years of production will average approximately 282,000 ounces of gold.
 
Furthermore, production LOM will average 253,000 ounces.
 
"The major advantage of scan is that several million ounces of gold in two existing inferred vein deposits not included in the Feasibility Study to remain open along strike and depth," says the website of Continental Gold.