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SMC increases Chile footprint

BUDDING Chilean gold and copper miner SMC Gold has picked up an option over copper resources north of Santiago and near a processing plant it is in the process of acquiring and developing as a 70,000 ounce per annum gold project.

Michael Quinn
SMC increases Chile footprint

The option over the Dalmacia project sees SMC able to acquire non-JORC resources of 4.8 million tonnes grading 1.32% copper and reserves of 3.7Mt at 1.39% copper for US$1 million. The junior is in the...

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