*** Thursday Mining Pick Unveiled – Video Inside ***
Blaque Capital Stocks Newsletter
Dear Valued Subscribers, Our Thursday Alert Is Here! Andes Gold Corp.(AGCZ) Is Our Hot Mining pick Before You Read This Report Make Sure You Watch This Exclusive Video On AGCZ About To Go Viral By Clicking Here Andes Gold engages in mining and milling gold and silver in Ecuador.
AGCZ is currently producing on concessions located in the cantons of Zaruma and Portovelo, province of El Oro, southern Ecuador.
These concessions are producing gold and silver which is being processed in a company-owned mill.
According to Mining Weekly, Mining companies are pressed to boost production amid record prices & rising demand Key Highlights:
Andes Gold owns two producing mines and one fully operating mill.
The mill is currently processing 50 tonnes of ore per day The capacity of the mill is increasing and is expected to be at 150 tonnes per day by the end of March 2012.
The average head grade of ore being processed is 1.0 oz gold and 15 g of silver per tonne of ore.
Andes Gold processes ore from other mines. This increases cash flow and profits.
On the Miranda vein, the company has 95,000 oz. of proven reserves. Inferred reserves from the 700 m level on Miranda, Azul, Estrella, Sul and Viscaya veins are 600,000 oz.
Andes Gold continues to develop existing reserves as well as acquire new reserves.
Andes has bugun reclamation programs on its projects.
Mineral Resources Andes Gold Corp. Mineral Resoources The two dominant vein systems within the Miranda Alto concession are the Azul Vein and the Miranda Vein. The Azul Vein is exposed on surface directly east of the Miranda Vein, near the eastern boundary of the concession. Underground work has revealed that there are at least two other subsidiary veins (Sul, Estrella) that lie parallel to the Miranda Vein. The Viscaya Vein lies directly west of the Miranda Alto concession. There are additional unexplored subsidiary veins between the Viscaya and Miranda veins. The mineralization in the concession area ranges from a gold:silver ratio of 1:10 to 1:100, all within a small area examined and sampled. The major veins (Azul, Viscaya) are recognized from the Rio Amarillo north for at least 4 kilometres, to the Miranda Alto concession.
Historic Resource Estimations The first attempt at precious metals resource estimation was made by TVX Gold Corp. geologists in 1995. They estimated a resource of 9.1 MT with an average grade of 8 g/t totaling 2.3 Moz of gold in the whole Zaruma- Portovelo district.
For More Information on AGCZ visit http://www.andesgoldmine.com Stay tuned for additional updates on AGCZ as our new pick develops!Sincerely, The blaquecapitalstocks.com Team This message was sent to from:
Blaque Capital Stocks | 9613 Wall Street | Manhattan, NY 10016
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