Rusoro Mining Ltd.
Rusoro Mining Ltd.

Exploration/
Development


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Rusoro Mining Ltd. Rusoro Mining Ltd.



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.

Exploration/Development


Rusoro currently has ten exploration/development projects at various stages of development. This includes exploration and development work around the Choco 10 and Isidora operating mines in El Callao.

Overall the Company has a significant land position in the major gold mining districts in Bolivar State Venezuela. The region boasts an excellent geological setting and tremendous gold discovery potential which is exemplified in the success rate at the current projects to date, which translates to the discovery of approximately 30 oz of gold discovered per meter drilled.

As part of the Company's aggressive growth strategy, Rusoro has drilled more than 400,000m since 2007 and will continue to have multiple drill rigs operating in 2010. The drilling is designed to expand and upgrade the Company's current NI 43-101 resources.


Gold mining map of Venezuela  

Rusoro Mining Ltd.
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