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Atico Updates Mineral Reserves and Resources for the El Roble Mine in Colombia


3.41
Mineral Resources and Mineral Reserves are as defined by CIM definition Standards on Mineral Resources and Mineral Reserves 2014.
Mineral Resources and Mineral Reserves are estimated as of September 30
th
2020.
Mineral Reserves are reported using an NSR breakeven cut-off value of US$104.44/t (cost basis October 2019 to September 2020) for the Zeus body.
Mineral Resources are reported based on an NSR cut-off grade of US$54.39/t (cost basis October 2019 through September 2020),
Metal prices used were US$1,543.13/troy ounce Au and US$ 3.01/t Cu.
Metallurgical recoveries are based in the historical recovery (El Roble process plant results October 2019 through September 2020): Au is 57.94% and Cu is 92.13%. ....

United States , El Roble , United Kingdom , British Columbia , Fernandoe Ganoza , Igor Dutina , Thomas Kelly , National Instrument , Canadian National Instrument , Department Of Choco , Atico Mining Corporation The Company Or , Andes Colorado Corp , Atico Mining Corporation , Standing Committee On Reserve Definitions , Venture Exchange , Regulation Services Provider , Canadian Institute Of Mining , Mining Corporation , Reserve Estimate , Indicated Mineral Resources , Probable Mineral Reserves , Roble Resource , Atico Mining , Mineral Resources , Canadian Institute , Reserve Definitions ,

Atico Mining Corporation: Atico Updates Mineral Reserves and Resources for the El Roble Mine in Colombia


Atico Mining Corporation: Atico Updates Mineral Reserves and Resources for the El Roble Mine in Colombia
th, 2020 for the El Roble Mine located in Colombia.
Our infill and mine vicinity exploration drilling at El Roble mine has partially replenished some of the mined resources since the previous reserve and resource update in 2018. The updated reserve report shows the operations ability to continue delivering robust cashflow for the Company in the years to come, especially in the current metal price environment, said Fernando E. Ganoza, CEO. We will continue looking for opportunities to further extend the life of mine at El Roble while also aggressively drilling for additional massive sulphide deposits on the contiguous 6,300 hectare land package we control. ....

United States , El Roble , United Kingdom , British Columbia , Fernandoe Ganoza , Igor Dutina , Thomas Kelly , National Instrument , Canadian National Instrument , Department Of Choco , Atico Mining Corporation The Company Or , Andes Colorado Corp , Atico Mining Corporation , Standing Committee On Reserve Definitions , Venture Exchange , Regulation Services Provider , Canadian Institute Of Mining , Mining Corporation , Reserve Estimate , Indicated Mineral Resources , Probable Mineral Reserves , Roble Resource , Atico Mining , Mineral Resources , Canadian Institute , Reserve Definitions ,

Atico Updates Mineral Reserves and Resources for the El Roble Mine in Colombia


3.41
Mineral Resources and Mineral Reserves are as defined by CIM definition Standards on Mineral Resources and Mineral Reserves 2014.
Mineral Resources and Mineral Reserves are estimated as of September 30
th
2020.
Mineral Reserves are reported using an NSR breakeven cut-off value of US$104.44/t (cost basis October 2019 to September 2020) for the Zeus body.
Mineral Resources are reported based on an NSR cut-off grade of US$54.39/t (cost basis October 2019 through September 2020),
Metal prices used were US$1,543.13/troy ounce Au and US$ 3.01/t Cu.
Metallurgical recoveries are based in the historical recovery (El Roble process plant results October 2019 through September 2020): Au is 57.94% and Cu is 92.13%. ....

United States , El Roble , United Kingdom , British Columbia , Fernandoe Ganoza , Igor Dutina , Thomas Kelly , National Instrument , Canadian National Instrument , Department Of Choco , Atico Mining Corporation The Company Or , Andes Colorado Corp , Atico Mining Corporation , Standing Committee On Reserve Definitions , Venture Exchange , Regulation Services Provider , Canadian Institute Of Mining , Mining Corporation , Reserve Estimate , Indicated Mineral Resources , Probable Mineral Reserves , Roble Resource , Atico Mining , Mineral Resources , Canadian Institute , Reserve Definitions ,