- Published: Tuesday, 16 June 2015 14:07
- Written by E&MJ News
Barrick Gold has made a significant new gold discovery, known as Alturas, in the Andean region of Chile approximately 30 km south of the former El Indio mine. The discovery is part of a large mineralized system that extends well beyond the limits of the current drilling area. To date, 35 core holes have been completed in a 1-km2 area. Mineralization appears to be oxide in nature and geologically similar to Barrick’s Veladero mine in San Juan province, Argentina, with the potential to be of significantly higher grade.