Overview
| Stage | Production |
| Mine Type | Open Pit & Underground |
| Commodities |
|
| Mining Method |
- Truck & Shovel / Loader
- Longhole stoping
|
| Production Start | ...  |
| Mine Life | 15 years (as of Jan 1, 2015) |
Cerro Vanguardia deposit is a series of veins and mined using open pit techniques. There are around 15 open pits with variable contents of gold, silver and base metals. |
Source:
p. 44
Cerro Vanguardia, in which AngloGold Ashanti has a 92.5% stake, is the company’s sole operation in Argentina. Fomicruz(Fomento Minero de Santa Cruz S.E.), a state company operating in the province of Santa Cruz, owns the remaining 7.5%.
Contractors
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Deposit Type
- Vein / narrow vein
- Epithermal
Summary:
Cerro Vanguardia is located in the core of the 60,000km2 Deseado Massif, one of the most extensive volcanic complexes in southern Patagonia, Argentina. The Deseado Massif is an extensive rhyolite province of Middle to Upper Jurassic age deposited over Paleozoic low-grade metamorphic basement rocks. These rocks are exposed in erosional windows through overlying Cretaceous sediments and Tertiary to Quaternary basalts. The orebodies comprise a series of epithermal vein deposits (low-sulphidation deposit) containing gold and large quantities of silver, produced as a by-product.
The mineralisation is concentrated in steeply dipping quartz veins that cut the flat-lying ignimbrites and volcaniclastic rocks. The Cerro Vanguardia district contains around 100 gold and silver-bearing epithermal veins for a cumulative exposed vein strike extension of more than 240km. Fifty-seven veins are currently known to contain economic gold and silver mineralisation.
All veins at Cerro Vanguardia consist mainly of quartz and adularia containing minor electrum, native gold, silver sulphides and native silver as fine-grained disseminations. Vein textures are mainly characterised by colloform-crustiform banding, pseudomorphic quartzlattice textures, massive-to-vuggy quartz veins and vein breccias. 40Ar/39Ar dating on adularia from the Osvaldo Diez vein yielded ages of 153.4 ±1.46Ma, 152.9 ±2.75Ma and 155.1 ±3.0Ma, while the age of the thick sequence of ignimbrites hosting the vein ........
Mining Methods
- Truck & Shovel / Loader
- Longhole stoping
Summary:
Cerro Vanguardia deposit is a series of veins and mined using open pit techniques. There are around 15 open pits with variable contents of gold, silver and base metals.
Open pit mines employed conventional truck and shovel mining method with a double bench height of 20m and contributes 60% of the ore. Open pit mining is distributed between multiple operating pits, typically five to ten at any one time, depending on the plant feed requirements.
Underground mines are utilizing longhole stoping. There are four underground mines that are operated at the same time, located on the Osvaldo 8, Cuncuna, Serena and Zorro veins. Three more are in development (Liliana, Osvaldo 7 and Loma del Muerto CB6). Underground mining represents around 40% of total production, a percentage that will increase in the coming years.
Source:
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Source:
Summary:
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Reserves at December 31, 2021:
Reserves cut-off grades:
- Open-pit 3.25 g/t Au;
- Underground 6.37 g/t Au;
- In situ heap leach stockwork material is 0.32 g/t Au;
- Heap leach stockpiles 0.43 g/t.
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Proven & Probable
|
12.31 Mt
|
Gold
|
2.07 g/t
|
0.82 M oz
|
|
Proven & Probable
|
12.31 Mt
|
Silver
|
51.73 g/t
|
20.47 M oz
|
|
Total Resource
|
39.74 Mt
|
Gold
|
2.26 g/t
|
2.88 M oz
|
|
Total Resource
|
39.74 Mt
|
Silver
|
61.45 g/t
|
78.51 M oz
|
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