1st Meeting
Mining
Greenfield Project
In progress
Exploratory Concession Right
GO
12.2 million tons of ore average grade 0.21% of copper and 0.025 ppm of cobalt.
US$ 19,8 millions
Ministry of Mines and Energy (MME), Brazilian Geological Survey (CPRM)
2 years (complementary exploration works), 2 years (mine development), until depletion/exhaustion (production / operation).
The Bom Jardim de Goiás / GO Copper Project corresponds to a copper deposit with occurrence of cobalt and gold (the latter at very low values), in a total area of 1,000 hectares. The exploration works, performed in the 1970s, comprised 29 drills, totaling 6,725.40 drilled meters in all. Although the total area is relatively small, ore-shoot zones (anomalies of high mineral content that can increase the economic potential of the deposit as a whole) has been identified.
Awaiting submission to the Federal Audit Court - TCU (art. 2, § 2, of Normative Instruction TCU nº 81/2018). ”