Artemis Gold’s Blackwater mine at final commissioning stage
Artemis now expects to feed first ore to the ball mill in the next few weeks and continues to target first gold pour before year end.
Cordoba Minerals (TSXV: CDB) is planning a 1,000 metre drill program at its Alacran copper-gold deposit, part of its San Matias copper-gold project in Colombia. Based on its results, the company may double the drill program.
The miner will initially drill a single, 700 metre hole about 300 metres west of the Alacran targeting a potential copper-gold porphyry beneath the known deposit. It will then drill a second hole testing a possible northern extension of the deposit.
In early 2018, the company tabled an updated resource estimate for Alacaran. The deposit contains 36.1 million indicated tonnes grading 0.57% copper and 0.26 gram gold, or 0.72% coper equivalent, for 454 million lb. copper and 300,000 oz. gold. The project also contains 31.8 million inferred tonnes at 0.52% copper and 0.24 gram gold, or 0.65% copper equivalent, for 265 million lb. copper and 250,000 oz. gold.
The Alacran deposit occurs over a 3.9 sq. km mining title and remains open to the north, south and west.
Highlights from a May 2017 drill program include 1.33% copper and 0.54 gram gold per tonne, or 1.74% copper equivalent, over 82 metres from 51 metres downhole as well as 0.8% copper and 0.24 gram gold, or 0.98% copper equivalent, over 128 metres from surface.
The company also plans to continue fieldwork at it’s Willian target, located 6 km south of Alacran.
(This article first appeared in The Northern Miner)
