Rusoro Mining Ltd.
Rusoro Mining Ltd.

Ceiba


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The information on this website should be read in connection with Rusoro Mining's news release dated March 14, 2012 which addresses the Nationalization of Rusoro's Venezuelan mining assets by the Bolivarian Republic of Venezuela ("Venezuela") government and the subsequent news release dated August 22, 2016 announcing the award (the "Award") issued on August 22, 2016 by the Arbitration Tribunal ("Tribunal").

For a copy of the Award, please click here.

Ceiba


The Ceiba Project is located 40 kilometres south of El Dorado. High grade ore has historically been trucked to the Emilia Mill for processing.

A current NI 43-101 compliant resource exists of 1.6Mt grading 9.2 g/t Au for 459,000 ounces of gold. Mineral resources have been estimated by Scott Wilson RPA using polygonal methods. The deposits have been tested by diamond drilling to a depth of approximately 300 m. To date, 92 diamond drill holes with an aggregate depth of 17,084 m have been completed. Scott Wilson RPA estimated the mineral resources by polygonal methods utilizing Gemcom software. A cutting level of 36 g/t Au was used.

Concession Geology

The geology of the Ceiba Project is identical to the San Rafael - El Placer area.



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