Minera IRL announces additional gold prospect at Corihuarmi
Published by Will Owen,
Editor
Global Mining Review,
Minera IRL Ltd has announced that ongoing geotechnical efforts have identified a new exploration target located within the concessions of the company’s producing Corihuarmi Gold Mine.
Corihuarmi started commercial production in 2008 based on an initial feasibility study completed in 2006. With an original estimated life span of only four years, Corihuarmi continues to generate significant revenue and cash flow, with production during 2021 of almost 25 000 oz of gold from the project’s 9830 ha. of mining concessions. Recently, the company has focused its exploration efforts on a promising prospect area named Chantal, located at the northwest limit of the current operating area at the mine.
Chantal has been subject to preliminary mapping, sampling and analysis work, and has produced favourable initial results. This has triggered the company’s decision to pursue additional exploratory activities in this area as part of its plan to further extend the estimated life of Corihuarmi. The company expects to provide more details on these efforts as they progress.
Read the article online at: https://www.globalminingreview.com/mining/02092022/minera-irl-announces-additional-gold-prospect-at-corihuarmi/
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