 |
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
|
||||||||||||||
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
||||
 |
 |
 |
 |
 |
 |
|
|||||||||
 |
 |
 |
 |
|
|||||||||||
 |
 |
 |
|
||||||||||||
Welcome
Laguna Resources NL is dedicated to the exploration and development of high quality gold resources in Latin America. It is based in Perth, Western Australia but has capable management in Santiago and an experienced exploration team working out of Copiapo in Northern Chile.
Strategic Overview
- The goal of Laguna Resources is create a sustainable exploration and development business focused on mineral resource opportunities in Chile, with the objective of generating significant shareholder returns within the current commodity cycle.
- The strategy involves the acquisition, funding and focused development of at least one high quality gold project in 2009, with preliminary work programmes on that project completed by year-end; en route to a production decision in 2010/11. Further projects to be acquired on an opportunistic basis with the focus on quality.
- The immediate business objective is to identify and prove up a one to two million ounces resource of gold equivalent mineralisation, and to that end Laguna Resources has achieved its first milestone with the optioning of the Arqueros gold project.
Arqueros Gold Project
The “Archers” are two parts of a high sulphidation (acid-sulphate) epithermal system located in the La Coipa sector of the Maricunga gold district of Northern Chile. It has proven gold and silver mineralisation, with exploration targeting two million ounces of gold equivalent to support the development and production in excess of 100,000 of gold equivalent ounces per year. Laguna Resources has an option sales agreement with Anglo American Norte S.A. to acquire 100% of the project.
Million Oz Gold and Silver Potential in World-Class Province
Highlights
- Maricunga Gold Belt (50 Moz gold & 450,000 oz/a)
- 2 Moz gold equivalent potential (20 to 40 Mt @ 1.5 to 2 g/t gold equivalent
- Targeting production of 100,000 oz/a gold equivalent
- Previous underground mining recovered 250,000 oz gold equivalent from high grade zone
- Open cut mine development
- Open-cut development / brownfields project → fast-track to production
Location of Arqueros.
