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            Sale of Gold Mining Rights in Cavalcante/GO

            in 15/05/2025
            Categories
            • Cavalcante
            • Goiás
            • Gold
            • Date15/05/2025

            ANM mining process number: 860.317/2016, 860.318/2016 and 860.319/2016

            Current phase: Application for Artisanal Mining Permit (A change of Regime to Research Authorization will be requested)

            Mineral Substance: Gold

            Area (ha): 149.94 (sum of the three mining rights)

            CountyCavalcante

            stateGoiás

            DescriptionWe have 3 mining applications in the artisanal mining permit application phase, located next to highway GO-464. We are open to selling the priority rights to all 3 mining rights.

            Geology: As described by CPRM (1997), the region It features quartzite. The quartzite is creamy-white in color, composed essentially of quartz and fine-grained micaceous minerals. Additionally, millimeter-thick layers of graphitic phyllite occur within the quartzite. It exhibits crenulated S1 foliation with sericite development in its planes. The quartzite outcrops in the region have strong structural control with a preferential north-south orientation, as well as rectilinear watercourses.

            One important piece of information is that in this region Two gold mining sites were identified by CPRM in 2003. where the ore of Gold is contained in the form of phyllons in quartz veins., with graphitic phyllite (sometimes called carbonaceous phyllite sericite) as the host rock.

            Value (R$)900,000.00 for the 3 mining rights.

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