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La Coipa, Chile

Kinross continues to explore the future potential of the La Coipa Phase 7 and Catalina targets.

Quick Facts

  • Ownership: Kinross
  • Location: Atacama Region, Chile
  • 2013 Measured and indicated reserves: 641,000 oz.

 

 

 
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La Coipa Gallery

La Coipa is located in the Atacama Region of northern Chile, approximately 1,000 kilometres north of Santiago and 140 kilometres northwest of the community of Copiapó. Kinross acquired ownership interest in La Coipa upon completion of the combination with TVX on January 31, 2003. On December 21, 2007, Kinross purchased the remaining 50% from Goldcorp Inc. and became the operator.

Mining of the existing orebody at La Coipa was suspended in the fourth quarter of 2013. Kinross expects to move forward with a pre-feasibility study (PFS) in the second half of 2014 to explore re-start options at La Coipa. The proposed PFS will focus on the Pompeya pit (Phase 7), and oxide/transition mineral resources at the existing Puren deposit, and follows the completion of a Phase 7 scoping study in 2013. Kinross will also conduct a scoping study focusing on processing options for known near-surface sulfide mineralization in the district. Exploration continues at La Coipa, with some attractive opportunities being assessed to extend the mine life beyond what the PFS will contemplate.

 

 

Tonnes

Grade

Ounces

Gold

( X 1,000)

(g/t)

( X 1,000)

Proven and Probable Reserves

5

0.50

0

Measured and Indicated Resources(a)

13,489

1.48

641

Inferred Resources

2,676

3.31

285

a) Measured and Indicated Resources exclude Proven and Probable Reserves

 

 

 

 

 

Tonnes

Grade

Ounces

Silver

( X 1,000)

(g/t)

( X 1,000)

Proven and Probable Reserves

5

32.8

5

Measured and Indicated Resources(a)

13,489

44.9

19,463

Inferred Resources

2,676

51.1

4,395

a) Measured and Indicated Resources exclude Proven and Probable Reserves