Cerro Casale, Chile

Discovered along the mineral-rich Maricunga belt, Cerro Casale is a large undeveloped gold and copper deposit.

 
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Discovered in 1996, Cerro Casale is located 145 kilometres southeast of Copiapó in northern Chile, and is directly south of Kinross' Maricunga mine. The deposit is a large gold and copper orebody with reserves (100%) of approximately 23 million ounces of gold and 5.8 billion pounds of copper.

Kinross owns 25%, and Barrick Gold 75%, of the Cerro Casale project.


Mineral Reserve and Resource Summary

Kinross' share as at December 31, 2012

Gold

Tonnes

(X 1,000)

Grade

(g/t)

Ounces

(X 1,000)

 

 

 

 

Proven and Probable Reserves

 229,400

0.60

5,811

Measured and Indicated Resources(a)

74,387

0.35

832

Inferred Resources

214,894

0.37

1,504

Silver

Tonnes

(X 1,000)

Grade

(g/t)

Ounces

(X 1,000)

 

 

 

 

Proven and Probable Reserves

299,400

1.5

14,672

Measured and Indicated Resources(a)

74,387

1.1

2,659
Inferred Resources 124,894 1.0 4,198

 

Copper

 

 

 

 

Tonnes

(X 1,000)

Grade

(%)

Pounds

(Mlb)

Proven and Probable Reserves

299,400

0.22

1,444

Measured and Indicated Resources(a)

74,387

0.16

259
Inferred Resources 124,894 0.19 527

a) Measured and Indicated Resources exclude Proven and Probable Reserves