FENIX GOLD PROJECT
The Fenix Gold Project (16,050 Ha) is located in Atacama Region, in the Copiapo Province - Chile, specifically in the Maricunga Mineral Belt, approximately 160 kilometers northeast of Copiapo by International Road CH-31. It is one of the largest undeveloped pre-feasibility stage gold oxide projects in the Americas.
This is a well-known mining district that contains over 70 million ounces of gold and hosts the La Coipa and Refugio mines, as well as the Volcan, Caspiche, Lobo Marte and Cerro Casale deposits.
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OCT. 15, 2019
MINERAL RESOURCES & RESERVES
MEASURED & INDICATED
5MOZ
PROVEN & PROBABLE
1.8MOZ
INFERRED
1.4MOZ
The mineral resource estimate was updated in 2019, based on data collected from 91 diamond drill holes (30,533 m of core) and 291 reverse circulation holes (84,101 m of RC cuttings) which is all the drilling completed on the project between 2010 and 2019. Surface samples (860 two-meter trench samples) have been used for the first time in the resource estimate.