Sánchez Cerro, Moquegua
San Gabriel (100% BVN) is an underground gold and silver mining project discovered by Buenaventura, located in the District of Ichuña, in the Province of General Sánchez Cerro, Region of Moquegua. It has an Environmental Impact Assessment (EIA) that was approved in March 2017. Prefeasibility studies are currently underway.
Geology: San Gabriel is an intermediate-sulfidation epithermal deposit with gold, copper, and silver contents, emplaced in calcareous rock from the Mesozoic associated with a diatreme. Mineralization is present in blankets, stockwork, vein-like structures, and disseminated gold. It has two mineralized areas, known as San Gabriel Sur and San Gabriel Norte. Mineralization consists of fine gold and chalcopyrite in gangues of pyrite, siderite, and others.
7.7 M MT @ 5.7 g/t Au (1.4 M Au Oz)
*Measured and indicated
5.3 M MT @ 4.6 g/t Au (0.8 M Au Oz)
As of December 31st 2016