Exploration & Processing - Winter 2011 - (Page 118)
EXPLORATOR RESOURCES INC.
EXPLORATOR RESOURCES INC. CONTINUES DRILLING AND EXPLORATION IN A MINERAL-RICH PORTION OF SOUTH AMERICA WITH BIG HOPES.
Toronto-based Explorator Resources is conducting a scoping study on the El Espino coppergold project in Chile, which is in the center of a cluster of gold and copper mines.
Explorator Resources Inc. www.explorator.ca HQ: Toronto Employees: 120 Specialty: Gold and copper Explorator Resources:
“Explorator Resources Inc. is committed to conducting its activities in accordance with the highest health, safety and environmental standards.”
118 | EXPLORATION-PROCESSING.COM
Canadian-based mining exploration company is working to develop a copper-gold project in South America. Explorator Resources Inc. has a 49 percent interest in the development of the El Espino project in the mineralrich Cordillera de la Costa province in Chile. The project is a joint venture with Sociedad Punta del Cobre S.A. (S.P.C.) of Chile. El Espino is an advanced iron oxide copper gold system extending three kilometers long by two kilometers wide. El Espino is in the center of an important cluster of small, active copper and gold mines. The property is located near the town of Illapel, which provides it with a local infrastructure. El Espino is accessed by good quality gravel roads, transected by a high-tension power line, and has an abundant water supply, Explorator says. A preliminary assessment of the property conducted in 2009 stated El Espino has a potential average annual production of 77 million pounds of copper and 40,000 ounces of gold over a 19-year mine life. A scoping study is underway and expected to be completed in mid-2011. Explorator is led by President and CEO David Prins, a civil engineer with several years of experience designing, planning and executing mining projects, especially in Latin America. Before joining Explorator earlier this year, Prins worked as a principal for a Santiago, Chile-based consulting firm that worked with a number of leading precious and base metals companies. In this role, Prins helped prepare the preliminary assessment on the El Espino project, the company says. Prins succeeded David O’Connor, who has continued with the company as its vice president. “The El Espino project has grown rapidly and has now progressed to the advanced evaluation stage where David’s strong project oversight and evaluation skill sets will be extremely valuable,” O’Connor said in a statement. “David will be immediately joining the El Espino Technical Committee and will work together with Pucobre, our project partner, in advancing the project. “With his appointment, I can now return to my roots as an exploration geologist where my primary responsibility will be to find another project of merit to add another leg to the Explorator story,” he continued.
Table of Contents for the Digital Edition of Exploration & Processing - Winter 2011
Exploration & Processing - Winter 2011
A Natural Solution
After the Fallout
Uranium on the Rise
Galleon Energy Inc.
Gibraltar Mines Ltd.
The Municipal Group of Companies
Selwyn Resources Ltd.
Redmond Minerals Inc.
Copper Fox Metals
OFM Pump Inc.
Sunshine Oilsands Ltd.
Pacific Rubiales Energy Co.
Thermo Design Engineering
Alexco Resource Corp.
North American Palladium
Mammoet Canada Eastern Ltd.
Industrial Equipment Manufacturing Ltd.
Guyana Goldfields Inc.
Flotek Industries Inc.
Dominion Terminal Associates
Compressor and Engine Service LLC
BEHR Energy Services Ltd.
LoneStar Energy Fabrication
American Oil & Gas – The Goliath Project
Alberta Oilsands Inc.
Southern Petroleum Laboratories Inc.
Cochrane Technologies Inc.
Crystal Flash Energy
Energold Drilling Corp.
Esperanza Resources Corp.
Explorator Resources Inc.
Rush Sales Co.
Kimber Resources Inc.
Nelson Bros. Oilfield (1997) Services Ltd.
Gulf Copper and Manufacturing
Exploration & Processing - Winter 2011