• Data Access
  • Your Email  
  • Your Email  
Keep me signed in.
Forgot your password?
Close
  • Forgot Your Password?
  • Enter the email you signed up with and we'll email it to you.
  • Your Email  
Close
Back
MDO
Mining Data Solutions
  • Home
  • Database
  • Subscribe
  • Sign In
  • Sign In
Chile
Lobo-Marte Project

This page is not tailored to
devices with screen width under 750 px.
 Location:
130 km E from Copiapó, Chile

  Project Contacts:
Avenida Los Carrera 6651
Copiapó
Chile
Phone  ...  Subscription required
EmailEmail
WebsiteWeb
Additional Resources for Suppliers & Investors
Drill results over 30 g/t Au
Stay on top of recent discoveries.
Search drill results by commodity and grade.
Largest mines in the Americas
Mining and mill throughput capaciites.
Full profiles of select mines and projects.
Deepest underground mines
Shaft depth and mill throughput data.
Full profiles of select mines and projects.
Heavy mobile equipment
HME type, model, size and quantity.
Full profiles of select mines and projects.
Permitting and construction projects
Projects at the permitting or construction stage. Full profiles of select projects.
Mines with remote camps
Camp size, mine location and contacts.
Full profiles of select mines and projects.
Mines & projects in Chile
A list of country's mines and projects.
Full profiles of select mines and projects.
  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Costs & Financials
  • Personnel
  • Filings & News

Thank you for browsing through mine profiles compiled by the Mining Data Online team.

Would you like to subcribe or schedule a Demo?
  • Name:
     
  • Company:
     
  • Position:
     
  • Phone:
  • Email:
  • Message:

Overview

StagePermitting
Mine TypeOpen Pit
Commodities
  • Gold
  • Copper
Mining Method
  • Truck & Shovel / Loader
Mine Life16 years (as of Jan 1, 2021)
Lobo-Marte project timing would be dependent on permitting and the conclusion of mining at the La Coipa project, which is located approximately 50 kilometres northwest of Lobo-Marte, as the FS plans to utilize water sources that are planned to be used by La Coipa. The Company is continuing to explore opportunities to extend mine life at La Coipa by incorporating adjacent pits into its mine plan, which could affect Lobo-Marte timing.


Owners

Source: p. 64
CompanyInterestOwnership
Kinross Gold Corp. 100 % Indirect
Ownership Tree
The Lobo-Marte project is owned by Compania Minera Maricunga (“CMM”), a Chilean company that is 100%-owned by Kinross.
Kinross holds a 100% interest in the Lobo-Marte project.

Contractors

Subscription required - Subscription is required.


Deposit Type

  • Breccia pipe / Stockwork
  • Porphyry


Summary:

The Maricunga belt hosts numerous alteration zones which are associated with appreciable precious metal mineralization. Marte, Lobo, and Aldebaran, is dominated by gold-rich porphyry deposits and prospects (>0.3 ppm Au) associated with eroded andesitic stratovolcanoes.

Marte and Lobo are rich in gold (1.43 and 1.6 ppm) and poor in copper (0.05 and 0.12%) and molydenum (46 and -'• 10 ppm), and may be designated as porphyry gold deposits. However, gold contents are lower (0.6-1 ppm) and hypogene copper contents probably higher at Refugio and Casale Hill.

In the Maricunga belt, nine examples of well-developed porphyry-type mineralization carrying gold and variable amounts of copper have been recognized to date: Marte, Lobo, Valy, Escondido, A1- Aldebaran (Casale Hill sector), La Pepa, Refugio, Amalia, and Santa Cecilia. Weakly developed quartz stockworking similar in style to that constituting the porphyry-type mineralization, and anomalous in gold, was observed within the alteration zones at Esperanza, La Coipa, and Pantanillos. As described above, porphyry-type mineralization is present in both the western--early Miocene--and eastern-middle Miocene--metallogenic subbelt.

Intrusive complexes
Subvolcanic porphyritic intrusive complexes are recognized locally in the Maricunga belt and appear to be located principally in the nuclei of eroded compound volcanoes, exclusively in association with areas of hydrothermal alteration. Some petr ........


Mining Methods

  • Truck & Shovel / Loader


Summary:

The project is planned as an open-pit operation that will mine the Marte and Lobo deposit. The project includes a stockpile dome and a covered overland conveyor.

The Company's La Coipa and Lobo-Marte are located in Chile’s Atacama, approximately 650 km north of Santiago. Both deposits are in the Maricunga Belt, with good access and many mining projects in the area. La Coipa is approximately 50 km northwest of Lobo-Marte and is fully permitted. That gives the opportunity to share infrastructure and equipment from Kinross’ projects in the region.


Crushing and Grinding


Processing

Source: Subscription required

Summary:

- subscription is required.


Projected Production:

CommodityUnitsLOM
Gold oz 0
Copper M lbs  ......  Subscription required
Gold Equivalent M oz  ......  Subscription required

Operational Metrics:

Metrics
Stripping / waste ratio  ......  Subscription required
Tonnes processed, LOM  ......  Subscription required
* According to 2021 study.
Subscription required - Subscription is required.

Reserves at October 31, 2021:
The Company’s mineral reserves are estimated using appropriate cut-off grades based on an assumed gold price of $1,200 per ounce.
The Company’s mineral resources are estimated using appropriate cut-off grades based on a gold price of $1,600 per ounce.
The Lobo-Marte deposit also contains copper.

CategoryTonnage CommodityGradeContained Metal
Probable 160,702 kt Gold 1.3 g/t 6,733 koz
Indicated 99,440 kt Gold 0.74 g/t 2,366 koz
Inferred 18,474 kt Gold 0.75 g/t 445 koz

Commodity Production Costs:

CommodityUnitsAverage
Total cash costs (sold) Gold Equivalent USD  ......  Subscription required *†
All-in sustaining costs (sold) Gold Equivalent USD  ......  Subscription required *†
Assumed price Copper USD  ......  Subscription required&nbs
Assumed price Gold USD  ......  Subscription required&nbs
* According to 2021 study / presentation.
† Net of By-Product.
Subscription required - Subscription is required.

Operating Costs:

Units2021
OP mining costs ($/t mined) USD 1.95 *
Processing costs ($/t milled) USD  ......  Subscription required
* According to 2021 study.
Subscription required - Subscription is required.

2021 Study Costs and Valuation Metrics :

MetricsUnitsLOM Total
Initial CapEx $M USD  ......  Subscription required
Expansion CapEx $M USD  ......  Subscription required
After-tax NPV @ 5% $M USD  ......  Subscription required
After-tax IRR, %  ......  Subscription required
Subscription required - Subscription is required.


Heavy Mobile Equipment:

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 3, 2022
....................... Subscription required ....................... Subscription required Subscription required Nov 3, 2022
....................... Subscription required ....................... Subscription required Subscription required Nov 3, 2022
Subscription required - Subscription is required.


Corporate Filings & Presentations:

DocumentYear
Corporate Presentation 2023
Corporate Presentation 2022
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2019
Other 1991
Subscription required - Subscription is required.

Subscription required - Subscription is required.

Terms of Use Privacy Policy © 2017-2023 MDO Data Online Inc.