00:00Gold, high in the Andes mountains.
00:15Here in the mining friendly province of Salta, in the northwest corner of Argentina,
00:28Mansfield Minerals is fast-tracking its Lindero Gold project into production.
00:34A Vancouver-based mineral development company, Mansfield discovered Lindero in 1999
00:40and owns the property outright. Lindero is an economic heat-leach gold deposit.
00:47Advanced development work is complete, permitting has started,
00:50and a pre-feasibility study points to strong financial returns.
00:55Work at Lindero has included geologic mapping, 30,000 meters of drilling,
01:00metallurgical testing, trenching, and environmental and social impact studies.
01:08Reserves here are estimated at 1.9 million ounces within a 2.95 million ounce resource.
01:15Today, the project has over 120 drill holes, outlining a significant ore body.
01:22The highest grade of ore is found in the top 150 meters, a main driver for early payback on this resource.
01:29The deposit also has a low nugget effect, which leads to a high level of confidence in reserve estimates.
01:35Projected at a 10-year mine life, Lindero will produce a minimum of 1.37 million ounces.
01:51In its first eight years, production is estimated at 150,000 ounces per year.
01:57During its first three years, the mine will produce up to 173,000 ounces per year,
02:02with grades 30% higher than the life of mine average.
02:06Lindero is open pit, and features a very low strip ratio of 0.9 to 1 for life of mine.
02:33A heat bleach deposit.
02:36The resource is at least 70% recoverable.
02:39HPGR, or high pressure crushing and grinding technology,
02:43could push this number into the 75 to 80% range.
03:03processing facilities will be built near the pit to reduce costs and streamline operations.
03:14Water resources and a lime deposit are nearby.
03:17The terrain is amenable to leach pads, waste dumps, and ponds.
03:22Despite its remote location, Lindero is surprisingly well situated.
03:49All-weather roads, a railway, airstrip, and gas pipeline connected to the world.
03:54Less than a six-hour drive east is Salta, a modern city of over 800,000 people
04:00and home to a workforce of experienced mining professionals.
04:05These are exciting times for Mansfield Minerals and its shareholders.
04:10Exploration initiated over a decade ago is coming to fruition.
04:15Committed to development, focused on results.
04:21Mansfield Minerals Lindero Gold Project.
04:24Mansfield Minerals Lindero Gold Project.
04:25Mansfield Minerals Lindero Gold Project.
04:29The
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