Overview
Stage | Permitting |
Mine Type | Underground |
Commodities |
|
Mining Method |
- Mechanized Cut & Fill
- Overhand Cut & Fill
- Underhand Cut & Fill
- Sub-level stoping
- Longhole stoping
- Paste backfill
|
Mine Life | 8 years (as of Jan 1, 2016) |
In October 2015, GoldQuest submitted an Exploitation Application to advance the 100% owned Romero Project in the Dominican Republic. The Company received notification in January 2018 that the Minister of Energy and Mines ("MEM") of the Dominican Republic has approved GoldQuest's Exploitation Permit Application. The Application has been sent to the President for ratification, which is required prior to receiving the final Exploitation Permit.
As of September 30, 2022, the Company has not received the Exploitation Permit nor clarification from the Dominican Republic’s government on any timeframe for receipt of the Exploitation Permit. |
Source:
p. 17
GoldQuest owns a 100% interest in the Tireo Property and Romero Project through its wholly owned Dominican subsidiary, GoldQuest Dominicana), via GoldQuest Mining (BVI) Corp., a British Virgin Islands company.
Contractors
- Subscription is required.
Deposit Type
- Epithermal
- Breccia pipe / Stockwork
Summary:
Romero is located on the south side of the Central Cordillera of Hispaniola and is hosted by the Cretaceous-age Tireo Formation volcanic rocks and limestones, which formed in an island arc environment. The deposit geology is a relatively flat lying sequence of intercalated subaqueous, intermediate to felsic volcanic and volcaniclastic rocks and limestones on the west side of thick rhyolite flows or domes. Mineralization is relatively stratabound and flat lying and is mainly hosted by a dacite breccia tuff.
Mineralization outcrops in a number of places were eroded by rivers and streams, and continuity under barren cap rock has been demonstrated by drilling. Hydrothermal alteration and gold mineralization can be traced for over 2,200 m from Romero to Romero South and beyond to the south.
The thickness of the altered dacite tuff breccia horizon is up to about 65 m at Romero South and up to more than 200 m (open) at Hondo Valle and Romero. The mineralized horizon is capped by limestone or dacite to andesite lavas.
Mineralization is intermediate sulphidation epithermal in style. The mineralization is associated with quartz-pyrite, quartz-illite-pyrite and illite-chlorite-pyrite alteration. Alteration is generally strongest in the upper part of the mineralized zone and decreases in intensity with depth. Gold mineralization is associated with disseminated to semi-massive sulphides, sulphide veinlets and quartz-sulphides. The sulphides comprise pyri ........

Mining Methods
- Mechanized Cut & Fill
- Overhand Cut & Fill
- Underhand Cut & Fill
- Sub-level stoping
- Longhole stoping
- Paste backfill
Summary:
Two mining methods are proposed for the Romero deposit, sub-level long hole (LH) stoping and mechanized cut and fill (MCF). A combination of paste backfill and develop waste rock fill will be used in mining sequence. LH stoping will be used in areas of complete ground strength and generally thick Mineral Resources. MCF will be utilized in the areas of pour ground conditions and/or thin Mineral Resources which does not warrant LH stoping.
Long hole (LH) stoping provides high productivity at low cost from a small number working faces. All stopes will be fixed with a mixture of paste fill and/or development waste.
Geotechnical design have determined stope sizes of 30 m along strike, with widths up to 15 m wide and sub-level intervals of 20 m. Stope extraction sequencing is planned to be in a primary-secondary fashion with the lower stopes leading the stopes above. Primary and secondary stopes are sized equally at 15 m wide. After the primary stopes are mined, they will be filled with cemented paste backfill of adequate strength to allow exposure of 20 m high x 30 m long fill wall adjacent to the secondary stopes that will be mined alongside. Two lifts of primary stopes will be mined before the first secondary stopes are started to allow the drilling drifts to be reused as mucking drifts for the next sub-level above and to minimize the stoping span.
LH stopes will be developed by driving a central ore drift up to a mineralization thickness to a m ........

Source:

- subscription is required.
Flow Sheet:
Summary:

- subscription is required.
Projected Production:
Commodity | Product | Units | Avg. Annual | LOM |
Gold
|
Metal in concentrate
|
koz
| | 640 |
Copper
|
Metal in concentrate
|
M lbs
| | ......  |
Copper
|
Concentrate
|
kt
| ......  | ......  |
Silver
|
Metal in concentrate
|
koz
| | ......  |
Operational Metrics:
Metrics | |
Daily ore mining rate
| 2,800 t * |
Daily milling rate
| 2,702 t * |
Daily milling capacity
| 2,800 t * |
Annual ore mining rate
| 1,008 kt * |
Annual milling capacity
| 1,022 kt * |
Waste tonnes, LOM
| 940 kt * |
Ore tonnes mined, LOM
| 7,031 kt * |
Total tonnes mined, LOM
| 7,971 kt * |
Tonnes milled, LOM
| 7,031 kt * |
* According to 2016 study.
Reserves at September 27, 2016:
Mineral Reserves are reported at a net smelter return cut-off value of $70 NSR. Cut-off NSR metal prices: Cu $2.50/lb Au $1,250/oz Ag $17.00/oz; Recovery: Cu-96.8 Au-71.7 Ag-54.4, Payable: Cu-96.5 Au90.0 Ag-95.0, TCRC: $257.83/dmt, Cu concentrate 20%.
Category | Tonnage | Commodity | Grade | Contained Metal |
Probable
|
7,031 kt
|
Gold
|
3.72 g/t
|
840 koz
|
Probable
|
7,031 kt
|
Copper
|
0.88 %
|
136 M lbs
|
Probable
|
7,031 kt
|
Silver
|
4.33 g/t
|
980 koz
|
Probable
|
7,031 kt
|
Gold Equivalent
|
5 g/t
|
1,126 koz
|
Indicated
|
20,230 kt
|
Gold
|
2.67 g/t
|
1,738 koz
|
Indicated
|
20,230 kt
|
Copper
|
0.61 %
|
|
Indicated
|
20,230 kt
|
Silver
|
4 g/t
|
|
Indicated
|
20,230 kt
|
Zinc
|
0.3 %
|
|
Indicated
|
20,230 kt
|
Gold Equivalent
|
3.48 g/t
|
2,265 koz
|
Inferred
|
3,020 kt
|
Gold
|
2.03 g/t
|
197 koz
|
Inferred
|
3,020 kt
|
Copper
|
0.33 %
|
|
Inferred
|
3,020 kt
|
Silver
|
29 g/t
|
|
Inferred
|
3,020 kt
|
Zinc
|
0.32 %
|
|
Inferred
|
3,020 kt
|
Gold Equivalent
|
2.47 g/t
|
240 koz
|
Mine Management:
Job Title | Name | Phone | Profile | Ref. Date |
.......................
|
.......................
|
.......................
|
|
Jan 27, 2023
|
- Subscription is required.
Staff:
Total Workforce | Year |
|
2016
|
Corporate Filings & Presentations:
- Subscription is required.
- Subscription is required.