Projects
Corani
Overview
Location
Located in the district of Corani, Province of Carabaya, Department of Puno. Corani deposit sits at an elevation of between 4,800 and 5,200 meters above sea level, on the eastern side of the Continental Divide in the Andes Mountains. The project consists of twenty mineral concessions in two blocks of ground covering approximately 10,319 hectares.
The Corani property is accessible by road from the town of Macusani, located approximately 30 km due east of the property on the paved dual lane Interoceanic Highway to Juliaca.
Deposit Type
The Corani deposit is best described as a low- to intermediate-sulfidation epithermal deposit with silver, lead, and zinc mineralization hosted in stock works, veins, and breccias.
Mineralization at Corani occurs in three deposits: Corani Main, Corani Minas, and Corani Este, each with slightly different alteration and mineral assemblages.
In outcrop, mineralization is associated with iron and manganese oxides, barite, and silica, while in drill core, the mineralization occurs in typical low to intermediate sulfidation silver-lead-zinc mineral assemblages.
Reserves & Resources
Mineral Reserve Estimates with an Effective Date of December 17, 2019:
| 2019 Mineral Reserves, Corani Project (effective December 17, 2019) | |||||||
|---|---|---|---|---|---|---|---|
| Category | Tonnes (000) |
Silver g/t |
Lead % |
Zinc % |
Silver Moz |
Lead Mlb |
Zinc Mlb |
| Proven | 20.3 | 59.7 | 1.00 | 0.60 | 39 | 450 | 269 |
| Probable | 118.3 | 49.9 | 0.88 | 0.55 | 190 | 2,292 | 1,426 |
| Proven + Probable |
138.6 | 51.3 | 0.90 | 0.55 | 229 | 2,742 | 1,694 |
Mineral Resource Estimates with an Effective Date of December 17, 2019:
| 2019 Mineral Resources, Corani Project (effective December 17, 2019) | |||||||
|---|---|---|---|---|---|---|---|
| Category | Tonnes (000) |
Silver g/t |
Lead % |
Zinc % |
Silver Moz |
Lead Mlb |
Zinc Mlb |
| Measured | 30,585 | 50.0 | 0.79 | 0.49 | 49.1 | 534 | 329 |
| Indicated | 208,050 | 40.9 | 0.64 | 0.43 | 273.5 | 2,933 | 1,985 |
| Measured + Indicated |
238,635 | 42.1 | 0.66 | 0.44 | 322.7 | 3,466 | 2,313 |
| Inferred | 73,185 | 35.5 | 0.40 | 0.30 | 83.5 | 641 | 484 |
Maps & Photos
(Click on images to enlarge)