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Cerro Moro Data

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Cerro Moro Information

  • Exploration 2015-11-25
    Four drill rigs are deployed at the Cerro Moro gold-silver mine. Two of them are stationed at the recent Zoe discovery to increase the daily throughput of the mine. The two drill rigs are in place for determining the mineral estimates at the discovery, with one executing 160m step outs and the other drilling at 80m centres.EGM unveiled the presence of high-graded bonanza comprising gold-silver mineralisation on 19 April 2011 from the first three of 21 drill holes at the Zoe discovery located 2.5km east of the Escondida vein. A total of 34 holes were drilled at the Zoe vein by May 2011. The results of 22 holes have been publicly released. Four offered insignificant results and eight are in the process of logging, sample preparation and assaying. EGM is planning to implement ground geophysics and soil geochemistry field techniques to explore the Escondida vein. The company is expanding the resource base at Cerro Moro district through an aggressive 100km drilling campaign to discover new veins on a priority basis. The Escondida vein was drilled along 2km stretch to 200m in depth to test the presence of mineral reserves. Upon beginning operations, the Cerro Moro gold-silver mine is expected to produce 1,000tpd and deliver 135,000oz of gold and 6.7Moz of silver for the first three years.
  • Mineralisation 2015-11-25
    The mineralisation comprises a gently dipping Matilde formation (MF) curving north-west. High grade massive electrum and sulfide acanthite ore is found in the core. The gold-silver mineralisation at Escondida contains low grade base metal sulphides such as chalcopyrite, sphalerite and galena. Gold occurs in the form of electrum, while silver occurs as electrum or sulfide acanthite.
  • Geology 2015-11-25
    Cerro Moro is situated in the Deseado Massif gold-silver mining district. It is a low sulfidation epithermal gold-silver district which comprises 30 veins. As of April 2011, an additional six high graded gold-silver veins of 1m to 5m width were discovered at the Cerro Moro mine. These veins were named Escondida, Zoe, Loma Escondida, Esperanza, Deborah and Gabriela. New veins were discovered further in 2013 during the exploration drilling programme.
  • General 2015-05-10
    Cerro Moro is an advanced gold-silver exploration project located in Santa Cruz province. Acquired through its purchase of Extorre Gold Mines Ltd. in August 2012. During the past year, a thorough and complete evaluation of the original feasibility study was completed and the level of engineering and confidence in the plant and mine design advanced. After various optimization studies, it was decided to pursue a single stage plant scenario with an increased capacity of 1,000 tpd. The single stage plant construction provides the project to less project execution, inflation and timing risk by completing the project in a shorter time frame with the same work force.

Nearby Locations

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