Isidora
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Isidora Mine
The recently acquired Isidora Mine is part of the Block B land package located near the town of El Callao in Bolivar State, southeastern Venezuela. Rusoro now also controls additional leases near El Callao called the Puyero and Choco 7 projects and the entire additional land position acquired is approximately 18,272 hectares.
The high grade Isidora Mine is located 5 km from Rusoro's Choco 10 Mine and 112 km north of the La Camorra mill where the ore to date has been processed. The mine commenced production in 2005 and to date has produced a total of 190,000 ounces of gold at a rate of 250 to 300 t/d, of high grade gold ore. The plan going forward is to process the Isidora ore at the Choco 10 Mine which will greatly enhance the economics of the deposit by significantly decreasing the trucking distance (and related costs) of the ore, as well as lowering the cut-off grade and increasing the tonnes available for processing from the current mining plan.
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