Eco Oro Minerals Corp C.EOM

Alternate Symbol(s): GYSLF

Metals & Mining Gold

Eco Oro Minerals Corp. is a Canada-based precious metals exploration and mining development company. The Company was focused on advancing its principal asset, the Angostura Underground project. Its Angostura project is located in northeastern Colombia. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim has now become the core focus of the Company.

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Eco Oro Minerals Corp

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Post by sailor8on Jun 05, 2023 1:24pm

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Post# 35480735

old Presidential decree No 1666, interesting

250,000 cubikmeters per year sounds to me quite a lot for classification as "small sccale" open pit precious metall mining...
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...This approval and resolution number 500.36.22.2089 authorizes Auxico to execute its first phase of the Minastyc Project, as per regulatory decree No. 1666 issued October 21, 2016, by the Colombian Ministry of Mines and Energy, related to the following mining classification as reference in Table 2.

Classification - Mineral	Small scale – Open pit – Less than 150 Hectares
Metallics (Tonnes/Year)	Up to 50,000
Non Metallics (Tonnes/Year)	Up to 50,000
Precious Metals (Gold, Silver, Platinum)	Up to 250,000 M3/Year
Construction Material	Up to 30,000 M3/Year