Tucano Gold Mine
A multi-million ounce gold resource located in northern Brazil
The Tucano Gold Mine is located in Amapá State in northern Brazil. It covers approximately 2,500 sq km of mostly contiguous exploration licences and a mining concession with district scale exploration potential. The nearest major populated centre to the Tucano site is Macapá, situated on the northern bank of the Amazon River.
The Company completed construction of the 3.5 million tonnes per annum CIL plant and began operating the Tucano Gold Mine in December 2012.
Tucano’s production for CY2016 was 145,870 ounces from optimised open pits containing 1.1 million ounces of gold.
Tucano Ore Reserves as at 30 June 2017 were 25.1 million tonnes @ 1.83 g/t gold for 1.47 million ounces including underground reserves of 3.0 million tonnes @ 3.61 g/t gold for 345,000 ounces and stockpiles of 3.6 million tonnes at 0.66 g/t gold for 77,000 ounces.
Tucano Mineral Resources as at 30 June 2017 were 57.1 million tonnes @ 1.84 g/t gold for 3.4 million ounces.