Proven mining opportunities
Minatura focuses on the exploration of potential World Class hard rock gold and copper deposits in Colombia and gold production in its alluvial projects in Colombia and West Africa. Minatura is also exploring for diamonds in West Africa and expects to start small scale production in Q4 2012. Minatura holds large mining concessions in regions with an impressive gold endowment as well as potential for significant copper and silver deposits. Because large areas remain under-explored, the use of modern techniques holds the promise of major new discoveries. Over the past decade, Minatura’s management has focused on acquiring and developing a land package with significant exploration potential.
The current mining concessions total over 431,000 hectares held in 24 different regions of Colombia, Ghana, Sierra Leone and Senegal. Minatura has selectively chosen these areas for significant precious or base metal hard rock potential, or to provide attractive alluvial potential for rapid cash flow, particularly in areas where the alluvial resources could be easily defined and extracted.
Minatura has a number of Colombian hard rock projects identified with potential World Class deposits: Cordoba Project (Cu-Au), Anori Project (Au) and Remedios Project (Au). In addition, Minatura is conducting early exploration on a number of important concessions in Colombia including Nechi Sur de Bolivar and Vegas de Segovia.
(Click here for complete list of Hard Rock projects)
Minatura’s alluvial projects are all managed and owned through its wholly owned subsidiary, Minatura Aluviales Corp. (MAC). MAC plans to be the largest alluvial precious metals producer in the World by 2016 (150,000 oz of gold per year) by capitalizing on existing opportunities and scaling its operating alluvial sites in Colombia and West Africa. MAC has recently started gold production on its Zaragoza Project in Colombia. MAC expects to start gold production in Q4 2012 on its Lake Sonfon Project in Sierra Leone, its 50/50 joint venture Aburi Goldfields Project in Ghana and its Wolof Project in Senegal. MAC also expects to start small scale alluvial diamond production on its Kenema Project in Q4 2012.
(Click here for complete list of Alluvial (MAC) projects)