Upper Mine definition

Upper Mine means the Company’s current underground producing mine at the Marmato Mine operating from levels 16 through 21 using conventional cut and fill stoping and includes the transition zone operating on levels 20 and 21 using long hole stoping and drift and fill.
Upper Mine means the Company’s current underground producing mine at the Marmato Project operating from levels 16 through 21 using existing mining methodology (cut and fill) and includes the Transition Zone.
Upper Mine means Aris’ current underground producing mine at the Marmato Project, located within the Zona Baja Mining Title and operating from levels 16 through 21 using existing mining methodology (cut and fill) and includes the mining of the Lower Mine above an elevation of 950 m elevation, as more fully described in the Aris Public Disclosure Record;

Examples of Upper Mine in a sentence

  • Marmato mine – 2.23 grams per tonne gold cut-off for the Upper Mine, 1.91 grams per tonne gold cut-off for the Transition Zone and 1.61 grams per tonne gold cut-off for the MDZ, all assuming $1,400 per ounce gold.

  • Marmato mine – 1.9 grams per tonne gold cut-off for the Upper Mine and 1.3 grams per tonne gold cut-off for the MDZ and Transition Zone, all assuming $1,500 per ounce gold.

  • The Upper Mine is defined as the current operating mine levels above the 1,000 m elevation using cut and fill mining, and the Lower Mine is defined as below the 1,000 m elevation using mostly long hole open stoping methods.

  • The Upper Mine is defined as the current operating mine levels above the 950 m elevation using cut and fill mining, and the Lower Mine is defined as below the 950 m elevation using mostly long hole open stoping methods.

  • The first two zones (Veins and Transition) are considered the Upper Mine, and the material is processed in the existing processing facility.

  • The cut-off grades are based on a metal price of USD$1,600 per ounce of gold, metallurgical recoveries of 85% for the Upper Mine and 95% for the Lower Mine, without consideration of revenue from other metals.

  • Mineral resources from the Transition Mine, as described in the PFS, are now included in the Upper Mine estimate.

  • Marmato mine – 2.23 grams per tonne gold cut-off for the Upper Mine, 1.91 grams per tonne gold cut-off for the Transition Zone and 1.61 grams per tonne gold cut-off for the Lower Mine, all assuming $1,400 per ounce gold.

  • Separate mine plans are presented for the Upper Mine area and MDZ area.

  • Mineral reserves from the Transition Mine, as described in the PFS, are now included in the Upper Mine reserve estimate.

Related to Upper Mine

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