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Terrazas

Project Stages

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Early Works
Current Stage: Feasibility
Start: 10/2006
In Construction
Operation
Project Details

Description

Andromeda's Terrazas property projects a 20 to 40- year mine operation. All mineralization on the Terrazas property is almost entirely comprised of oxide minerals of zinc and copper. Terrazas has a total of measured and indicated resource of 1.9Blbs zinc and 184Mlbs copper. In July 2010 Andromeda negotiated an agreement to purchase the property for cash consideration of US$5mn. The property was previously optioned to Constellation Copper, but ownership reverted to the underlying owner in 2008. The project is now fully owned by War Eagle Mining and operated by its subsidiary Andromeda Resouces.

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Related Companies

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  • * Figures and dates are as per the latest publicly available information, as well as information gathered by BNamericas reporters and analysts and are subject to change.

  • * Changes to original budget estimates are shown as the total figure available and may include interest, working capital, inflation adjustments and other contingencies in addition to capital expenditure.

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Key Specs

Full Name
Terrazas
Project Type
Copper, Zinc
Development Phase
Feasibility
Project Status
Active
Project Capacity
18,000  t/y (tons per year)  Copper
27,000  t/y (tons per year)  Zinc
Investment
US$ 139mn
Lifespan
30
Location

The Terrazas zinc-copper project is located near the city of Chihuahua, in Mexico.

* The map coordinates represent the approximate latitude and longitude, and not the exact location of the project.

 


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Owner / operator
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Director
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