Overview
Status | Closing / Closed |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
|
El Chanate ceased mining activities in October 2018. The operation concluded residual leaching in 2019, rinsing of the leach pad in 2020, and has transitioned to reclamation activities. |
Source:
p. 12
Contractors
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Summary:
Alteration and mineralization associated with the Chanate fault zone are exposed across a northwest strike length of over 3.5 km. The rock units in this zone are altered to varying degrees by sericite, pyrite, ankerite, and quartz veining.
In surface outcrops the mineralized zone is distinguished by its bleached appearance relative to unmineralized rock. Sub-parallel sheeted zones of quartz veinlets form thick, mineralized lenses, within a larger area of sub-economic but anomalous gold concentrations.
Summary:
Conventional open pit mining methods are employed at El Chanate.
Source:
Summary:
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Production:
El Chanate transitioned to the reclamation phase of the mine life in the fourth quarter of 2019. Incremental production is a result of rinsing the leach pad.
All production numbers are expressed as metal in doré.
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Operational Metrics:
Metrics | 2018 | 2017 | 2016 | 2015 |
Stripping / waste ratio
| 1.89 | 4.06 | 3.96 | 2.2 |
Ore tonnes mined
| 3,050,636 t | 4,475,004 t | 6,306,469 t | 7,459,301 t |
Total tonnes mined
| 8,815,076 t | 22,646,606 t | 31,288,807 t | 31,672,788 t |
Tonnes processed
| 3,066,456 t | 4,536,847 t | 6,320,627 t | 7,452,601 t |
Reserves at December 31, 2017:
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
1,209 kt
|
Gold
|
0.6 g/t
|
23 koz
|
Probable
|
1,492 kt
|
Gold
|
0.65 g/t
|
31 koz
|
Proven & Probable
|
2,700 kt
|
Gold
|
0.63 g/t
|
54 koz
|
Measured
|
2,381 kt
|
Gold
|
0.62 g/t
|
47 koz
|
Indicated
|
3,376 kt
|
Gold
|
0.79 g/t
|
86 koz
|
Measured & Indicated
|
5,757 kt
|
Gold
|
0.72 g/t
|
134 koz
|
Commodity Production Costs:
| Commodity | Units | 2019 | 2018 | 2017 |
Total cash costs (sold)
|
Gold
|
USD
|
......
|
1,289 / oz†
|
1,188 / oz†
|
All-in sustaining costs (sold)
|
Gold
|
USD
|
......
|
1,317 / oz†
|
1,218 / oz†
|
† Net of By-Product.
Financials:
| Units | 2019 | 2018 | 2017 |
Capital expenditures
|
M USD
|
|
0.6
|
1.4
|
Revenue
|
M USD
|
......
|
57.1
|
76.8
|
Operating Income
|
M
|
......
|
-67.7 CAD
|
-0.2 USD
|
Corporate Filings & Presentations:
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