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Amarillo Welcomes Frank Baker to Lead the Mara Rosa Project Through Pre-Feasibility and Beyond
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Trade Publication Article
Amarillo Welcomes Frank Baker to Lead the Mara Rosa Project Through Pre-Feasibility and Beyond
2010
Overview
Amarillo Gold Corp. is a company focused on the acquisition, definition and discovery of gold resources in Brazil. Its principal projects are the Mara Rosa project in the state of Goias and the Lavras do Sul project in the state of Rio Grande do Sul. The Posse Deposit at Mara Rosa contains 623,000 ounces indicated from 11.9MTonnes @ 1.62 g/t Au and 451,000 ounces inferred from 10.1MTonnes @ 1.38 g/t Au at a 0.5g/t cut-off grade, 43-101 compliant resource as independently determined by AEFS. The project is in the economic evaluation stage. The Posse deposit was successfully mined by WMC during the 1990's (mined areas are excluded from the above resource figures) and is located in an area of excellent infrastructure. It is located some 35 km NE of Yamana's Chapada open pit Cu-Au operation, 105 km NE of Serra Grande's underground Au mine, 105 km NNW of Anglo American's nickel laterite project (in construction), 95 km NW of Votarintim's Niquelandia nickel laterite mine and approximately 60 kms NE of Yamana's Pilar Au project (in feasibility). Grid power to the site was established during the previous open pit mining operation and the Serra da Mesa hydro-electric dam lies 35 km to the east.
Publisher
Intrado Digital Media Canada Inc
Subject
