Medoro Resources Canada's reported Friday the discovery of a reservoir with an estimated 6.6 million ounces of gold in the northwest.
The report was based on studies made by geologists SRK signature certificates in South Africa explored 127,500 meters of the mine in rural Marmato, a town 195 kilometers northwest of Bogota, in the department Caldas.
The study said that in mining terms is a possible additional 3.2 million ounces of gold. It also indicates that there are 37 million ounces of silver proven and 22 million for the same metal in possible reserves, according to reports SRK.
"It's a major mine in Colombia and relatively in the region, the continent, so to speak.'s Obviously not the greatest," he told The Associated Press Medoro corporate manager, Juan Carlos Santos.
explained that the operating projections are "very good and a very interesting future for Marmato by the results of exploration plans have been made over the years."
On the site is projected to open pit mining. Canadian miner does not yet have an environmental license to run it.
"Medoro wants to do things by all possible environmental controls and oversight committees and wants as far as possible to improve the environmental standards of responsible mining operation," said the executive.
Marmato is a town nestled in the mountains northwest of Colombia, which has among its main income royalties from mining on their territory.
mine estimated that start up operation would generate 2,000 jobs.
Colombia is the fifth largest gold producer in Latin America and competing for mining investment in Peru and Chile.
Gold is going through one of its best moments, its current price is $ 1,400 a troy ounce.
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