Lower Mine definition

Lower Mine means the mineral resources and reserves currently under construction located at the Zona Baja Mining Title at the Marmato Mine, consisting of porphyry style gold mineralization below 950 m elevation.
Lower Mine means the currently undeveloped mineral resources and reserves located at the Zona Baja Mining Title at the Marmato Project, consisting of porphyry material below 950 m elevation, which was formerly referred to as the MDZ.
Lower Mine means the currently undeveloped mineral resources and reserves located at the Zona Baja Mining Title at the Marmato Mine, consisting of porphyry material below 950 m elevation.

Examples of Lower Mine in a sentence

  • Under the terms of the agreement, the remaining $76 million will be received in three installments as the development of the Lower Mine progresses.

  • Accretion will be capitalized to the Marmato Lower Mine (Note 8).

  • Under the arrangement, WPMI will provide aggregate funding amount to $175 million, of which $53 million had been received at the Acquisition Date, with the balance ($122 million) receivable during the construction and development of the Marmato Lower Mine.

  • Under the terms of the agreement, the remaining $122 million receivable under the Marmato PMPA will be received in three installments as the development of the Lower Mine progresses.

  • Accretion will be capitalized during the development of the Marmato Lower Mine (Note 8).

  • The Lower Mine lodes that are dominated by horizontal channel and bazooka drilling were modelled mostly on level plans generated at the elevations of the workings.

  • Under the terms of the agreement, the remaining $122.0 million receivable under the Marmato PMPA will be received in three installments as the development of the Lower Mine progresses.

  • Historic back channels in the Lower Mine were taken at 3.0 m intervals and locally at 1.0 m.

  • The Lower Mine lodes were modelled mostly on level plans using varying horizontal widths depending on lode dip.

  • EPCM On April 26, 2021, the Company announced several key steps in advancing the Lower Mine, including the award of the engineering, procurement and construction management contract to Wood PLC.


More Definitions of Lower Mine

Lower Mine means the currently undeveloped mineral resources and reserves located at the Zona Baja Mining Title at the Marmato Project, consisting of porphyry material below 950 m elevation, as more fully described in the Aris Public Disclosure Record;

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