Zancudo Project definition

Zancudo Project means the exploration project located in the Municipalities of Titiribi, Angelopolis and Armenia, Department of Antioquia, Republic of Colombia at 6° 04’ 30” N – 75° 47’ 26” W.
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Examples of Zancudo Project in a sentence

  • Upon exercise of the First Option or the Second Option, as the case may be, the parties will form a joint venture to hold the Zancudo Project, to advance the exploration and, if feasible, to advance the development and mining of any commercially exploitable ore body.

  • IAMGOLD has also been granted an additional option (the "Second Option") to acquire a further 5% undivided interest for an aggregate 70% undivided interest in the Zancudo Project by completing a feasibility study within three years after exercising the First Option.

  • Under the option agreement, IAMGOLD has been granted an option to acquire an initial undivided 65% interest (the "First Option") in the Zancudo Project by incurring an aggregate of $10.0 million of mineral exploration expenditures over a six-year period ending in March 2023, subject to meeting specified annual work commitments during the First Option period.

  • The carrying amount of the Zancudo Project equals its deemed cost of nil upon adoption of IFRS on January 1, 2018.

  • The Company also owns the Zancudo Project in Colombia which is currently being explored by IAMGOLD Corp.

  • The Company has interests in several exploration properties in Colombia comprising the Segovia Operations, the Zancudo Project (both of which were acquired during 2010), and the Zona Alta and Echandia properties at the Marmato Project (which were acquired through the Medoro Merger).

  • Additionally, on February 19, 2021, pursuant to a November 2020 definitive Share Purchase Agreement (“SPA”) with Gran Colombia, the Company acquired all of the issued and outstanding shares of Titiribi, owner of the Zancudo Project, located in the municipality of Titiribi, in the mining district of Antioquia, Colombia.

  • In connection with the Zancudo Project, the Company entered into the First Option and Second Option with IAMGold, for an aggregate 70% undivided interest in the Zancudo Project pursuant to the terms of theoption agreements.

  • Sale of Zancudo Project and Investments in Denarius On February 19, 2021, pursuant to a November 2020 definitive Share Purchase Agreement (“SPA”) with ESV Resources Ltd.

  • Zancudo Project The Company owns the Zancudo Project located in the municipality of Titiribi, in the mining district of Antioquia, Colombia.

Related to Zancudo Project

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan; and

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Redevelopment project means any work or undertaking

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Water Surface Elevation (WSE means the height, in relation to mean sea level, of floods of various magnitudes and frequencies in the floodplains of coastal or riverine areas.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Public project means any of the following:

  • Water surface elevation means the height, in relation to the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, where specified, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Development Project means a project for the development of land within a

  • Urban renewal project means undertakings and activities of a municipality in an urban renewal area for the elimination and for the prevention of the development or spread of slums and blight, and may involve slum clearance and redevelopment in an urban renewal area, or rehabilitation or conservation in an urban renewal area, or any combination or part of them in accordance with an urban renewal plan. These undertakings and activities may include:

  • Major project means a project comprising of a series of works, activities or services which is intended, in itself, to accomplish a definite and indivisible task of a precise economic or technical nature, which has clearly identified goals and whose total cost exceeds that which is specified in the Framework Agreement;

  • Public works project means the erection, construction, alteration, repair, or improvement of any public structure, building, road, or other public improvement of any kind.

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.

  • Infrastructure project means any construction or acquisition of treatment works,

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

  • Power Project or “Project” shall mean the Solar power generation facility of Contracted Capacity of ………..[Insert capacity] MW, located at [Insert name of the place] in …. [Insert name of the District and State] having a separate control system, metering and separate points of injection into the grid at Delivery/Interconnection/Metering point at ISTS substation or in case of sharing of transmission lines, by separate injection at pooling point. This includes all units and auxiliaries such as water supply, treatment or storage facilities; bay/s for transmission system in the switchyard, dedicated transmission line up to the Delivery Point and all the other assets, buildings/structures, equipment, plant and machinery, facilities and related assets required for the efficient and economic operation of the power generation facility; whether completed or at any stage of development and construction or intended to be developed and constructed for the purpose of supply of power as per this Agreement;

  • Mixed-use project means a project comprising both a qualified

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Cluster development means a contiguous cluster or