Rusoro presented/displayed Incredible mining project 6

Source: Aníbal Eduardo Sandoval
24/12/10

The Pebble. - Counting on the presence of the vice-president of Industrial Development of the Venezuelan Corporation of Guayana (CVG), lawyer Jose Luis Colmenares; the mayoress of the Pebble, Orlenia Scipio; the mayor of Roscio, Jose Alexander Martinez; the commander of the 51 Brigade of Infantry of Forest, brigadier general of the army, Miguel González Angel Vidal and spokesmen of diverse communal advice; representatives of the group Rusoro Mining, made the presentation of the project of Incredible mining development 6.
The important event took place in soothes of the Union of Mining Employers of the Pebble, where the executive of the CVG emphasized the importance of the mentioned project that will come to benefit to the municipalities Roscio, Callao and Sifontes, once the execution of the mining development in jurisdiction of the callaoense municipality starts up, but with radio of influence in all the south of the organization.

STRATEGIC ALLIANCES

Jose Luis Colmenares added that the revolutionary government who leads President Hugo Chavez comes realising important strategic alliances with the private sector that they especially go to the benefit of the nation and of the mass worker and the communities located in the adyacencias of the mentioned project.

SUPPORT TO THE PRIVATE INVESTMENT

“The commitment of the Venezuelan government is to support to all those investments that go cónsonas with the socialist policies implemented by the national Executive and which they fulfill all the requirements of law. Also, we have reviewed and worked in this project that carries out the Rusoro group, jointly with the CVG and we can affirm that they have come fulfilling each one of the exigencies from the MIBAM and Atmosphere Ministry, as far as the process of exploration, as much in the labor part as the social one”, assured the cevegista representative.

FLAT MAJOR OF RUSORO PRESENTS/DISPLAYS

Of Rusoro Mining the engineers were in favor present Guillermo Adrián, Vice-president of Operations of Rusoro in Venezuela; Nelson Odremán, manager of operations North zone and Carlos Lawyer Sanchez, vice-president of Administration and Finanzas. In addition, one counted on presence Pedro Vahlis and the interventions of sociologist Gilberto Berríos and engineer Godofredo Arteaga, who had to their position the explanation of the central subject of the appointment.

SOCIAL INVESTMENT: THE PRIORITY

In agreement with the exposed thing in the presentation, the mentioned project would come to give him to a greater impulse to the technified mining of the South zone, where the social investment would continue being one of points of the spear, all this by virtue of which it generates a better atmosphere, not only labor but also ecological for the adjacent zones the auriferous operation.

ROSCIO RECOGNIZES THE WORK OF RUSORO

The Mayor Jose Alexander Martinez, expressed his approval by the beginning of the mentioned project, remembering that Rusoro Mining has been a company that fulfills its social responsibility, since it has always supported these towns when they suffered an enormous drought and now they get ready to construct what will be the first Ecological City in Latin America, which will be elevated in the population of the Miamo, Salom parish, of the Roscio municipality.

IMPULSE TO THE ECONOMIC ACTIVITY OF THE SOUTH

On the other hand the mayoress callaonse, Orlenia Scipio, expressed that the project will give a great impulse to the partner-commercial activity of the zone, taking into account that the economic movement will bring new labor opportunities for its settlers, reactivating strongly the productive apparatus of the municipalities of the south of the state Bolivar.



THE PROJECT

It was known that Incredible project 6, located to about 8 km of the mine Hit 10 of Rusoro, shows 17,5Mt with laws of 1,95g/t of gold, or 1,1Moz of gold in resources inferred, and 23,5Mt with 2,11g/t of gold, which represents 1.59 Moz of gold in indicated resources, according to the given calculation to know recently. Meanwhile, the most recent perforations intercepted 37m with 9,34g/t; 57m with 2,67g/t; 27m with 2,59g/t; 22m with 9,68g/t and 20m with 7,93g/t, all gold laws. The last perforations were carried out in the zones Elisa, Cristina, Olga and Culebra. In It hit 10 will process the Incredible mineral of 6.