I'm In... Incredible Bargain!!! Nice to meet you!!!Looking forward to sharing with other investors here.
Everything looks sunny!!! Adventus/Silvercorp shares shot and I wss lucky enough to ride the wave. Still hold Silvercorp. ew President of Equador is pro-mining. So obvious that Cascabel is the next project in line to get greenlit in this country. Will fly and I'm ready.
Further, OGRs has a royalty deal on the package. I like it.
Royalty and Terms: 0.6% NSR royalty over the entire Cascabel property covering 4,979 hectares. SolGold has the right to buydown one-third of the NSR for 4 years.
Operator: Visit SolGold for more information
Primary Commodity: Gold, Copper
Location: Imbabura, Ecuador
Reserves and Resources:
Alpala Deposit:
Proven and probable reserves of 3,261 kt Cu (558 Mt @ 0.58% Cu) and 9,370 koz Au (558 Mt @ 0.52 g/t Au)
Measured and indicated resources (exclusive of reserves) of 6,643 kt Cu (2,104 Mt @ 0.32% Cu) and 12,230 koz Au (2,104 Mt @ 0.18 g/t Au)
Inferred resources of 1,301 kt Cu (544 Mt @ 0.24% Cu) and 1,900 koz Au (544 Mt @ 0.11 g/t Au)
Tandayama-America deposit:
Measured and indicated resources (exclusive of reserves) of 1,271 kt Cu (529 Mt @ 0.24% Cu) and 3,160 koz Au (529 Mt @ 0.19 g/t Au)
Inferred resources of 260 kt Cu (105 Mt @ 0.24% Cu) and 620 koz Au (105 Mt @ 0.18 g/t Au)
Production:
LOM Avg.: 109 kt Cu, 293 koz Au & 835 koz Ag
Catalysts:
Ongoing results of the strategic review process after recent consolidation of 100% of Cascabel and U$36M investment from Jiangxi Copper
Advancing and de-risking of project including permitting/ESIA, metallurgical and process plant design optimization
Life-of-mine extension potential and further resource definition and extension of Alpala deposit
Potential for discovery of new porphyry centers over regional exploration initiatives covering large Cascabel land package
(Source: Osisko Gold Royalties)