Cerro Corona Gold Mine and Property

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The Cerro Corona Development Project is situated in the highest part of the Western Cordillera of the Andes in northern Peru, 1.5 km west-northwest of the village of Hualgayoc in the Department of Cajamarca centred at longitude 78° 37’ 8” W and latitude 6° 45’ 36” S. The Project is located approximately 600 km north-northeast of Lima and approximately 80 km by road north of the city of Cajamarca. Access is by paved road from Cajamarca to the Yanacocha Mine area and by infrequently maintained gravel roads from Yanacocha to the Project area. Infrastructure: The Project involves the production of gold and copper by conventional open pit mining extraction of a copper-gold flotation concentrate which will be trucked to the Port of Salaverry for shipment to smelters in Japan, Korea and Europe. Geology: The Cerro Corona Cu-Au deposit is a Porphyry-style mineralisation hosted by a 600-700 metres diameter sub-vertical cylindrical-shaped diorite porphyry emplaced in mid-Cretaceous limestone, marls and siliclastic rocks. Mine type and depth: One large open pit mine. Employees in service: 114 permanent employees, 258 temporary employees and 3,540 contractors.

The Cerro Corona Mine is a large open-pit mine situated in the highest part of the western Cordillera of the Andes Mountains in northern Peru, two kilometers north-west of the village of Hualgayoc in the Department of Cajamarca. This is about 600 kilometers north-east of Lima and about 80 kilometers by road north of the city of Cajamarca.

The Cerro Corona copper-gold deposit, which contains Mineral Resources of 8.7 million gold equivalent ounces and Mineral Reserves of 5.3 million gold equivalent ounces, is a porphyry style mineralisation, hosted by a 600 meter to 700 meter diameter sub-vertical cylindrical-shaped diorite porphyry, emplaced in mid-Cretaceous limestone, marls and siliclastic rocks. The project involves the production of gold and copper by conventional open-pit mining methods. The copper-gold flotation concentrate is trucked to the port of Salaverry for shipment to smelters in Japan, Korea and Europe.

Reference for information:
www.goldfields.co.za/ops_int_cerro.php