Kinross Gold Corporation owns the Lobo-Marte gold property, located at an elevation of 4,200m in Region III of northern Chile. The property is close to two other Kinross mines, Maricunga 50km to the south and La Coipa 60km to the north. Lobo and Marte were discovered in the early 1980s and are intrusion-hosted, porphyry-type precious metal deposits, typical of the Maricunga District. The Marte open pit heap leach mine was in commercial production in late 1988, but was suspended in February 1992 as it did not meet forecasted production levels and recoveries. The mine was closed and infrastructure facilities have been largely reclaimed. Kinross plans to recover ore from the Lobo and Marte deposits through an open-pit, heap leach 47,000 tonne per day operation. There will be two open pits with a primary crusher at each deposit and a secondary/tertiary crushing plant, a heap leach plant with a gold absorption and refining plant, and SART plant to process the soluble copper. The presentation to the CIM will highlight the results of the recently completed pre-feasibility study.
heap leach, Chile, Gold