Mining News

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Jun 01, 2009: Rusoro Mining reports net income of $0.5 million for Q1... (more...)

May 19, 2009: Preliminary Assessment: Production Expansion of Choco 1... (more...)

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Gold Production, Development and Exploration

Rusoro Mining is a junior gold producer, with a large land position in the prolific Bolivar State mining region in southern Venezuela.

The Company operates the Choco 10 and Isidora Mines located near the town of El Callao. The two mines combined saw the Company produce over 100,000 oz Au in 2008. The Company is active on ten development/exploration projects in the region as it looks to add to its already significant gold reserve and resource base.

Rusoro's focus through Q1 2010 is to complete the current studies underway at Choco 10 to confirm the viability of a significant expansion of the current operations at the mines and mill in El Callao, and to bring the Increible 6 project into the production profile in 2009. Additionally the Company will continue to advance the SREP project.

Rusoro's management are experienced operators in the country with strong governmental relationships and have spent US$200 million since 2002. The Company trades under the symbol RML on the TSX Venture Exchange. Request More Information


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