SION (Scotia International of Nevada) is a US-based gold mining company. They recently completed a feasibility study for a gold mining project in Nevada. The survey was conducted in two phases and included a detailed study of the geology, mineralogy and economics of the proposed project. The study also includes a detailed analysis of the current mining industry and prospects for future gold production.
Research has shown that the Nevada project is viable under current and anticipated future market conditions. This is not surprising as the Nevada project is located in an area where gold has been mined for many years and has large ore reserves. However, it was surprising to learn that the economic life of the mine would extend beyond the current price of gold. SION Trading Fze Gold Mining Project Feasibility Study Scotia International of Nevada is a US-based gold mining company. They recently completed a feasibility study for a gold mining project in Nevada.
The purpose of this study was to provide information on the geological features of the Nevada project and to assess its mining potential. The survey was conducted by mining geologists at Scotia International of Nevada and assisted by a team of mining engineers and consultants. The feasibility study consists of his three main components: geological mapping and modelling, economic analysis, and mining system design. The geological mapping and modelling components were completed using a suite of tools from the GEOSTAR software package. Economic analysis was performed using an economic model developed by Scotia International of Nevada. .
The design of the mining system was completed using design rules provided by Scotia International of Nevada. Nevada Gold Project Geology The Nevada Gold Project is located in the Sierra Nevada Mountains near Elko, Nevada. The project is located approximately 50 kilometers from the Las Vegas Valley. The mining site is about 2,500 meters above sea level. This keeps the mine site cooler than most mines in Nevada. The geology of the Nevada Project is complex and varied.
Much of Nevada’s gold mineralization occurs as veins intersecting sedimentary rocks. The vein width ranges from less than 10 metres to more than 250 metres. Most of the gold-bearing rocks are sedimentary shale, limestone, and sandstone. Some of these rocks were deposited in shallow marine environments. Other sediments were deposited in deep-sea environments. Most of the gold-bearing rocks were deposited during the Jurassic period, 200-150 million years ago.
During this time, there was a large amount of volcanic activity in the area. Gold mineralization consists of the two main ore types of sulfide minerals and carbonate minerals. Sulfide minerals include chalcopyrite, bornite, sphalerite, pyrite, arsenopyrite, and galena. Carbonate minerals include limonite, dolomite, and calcite. Most gold occurs in the low-grade zone with grades ranging from 2.001 to 3.05 g/t Au.
Sulfide minerals are related to silicified limestone, dolomite, sandstone, and mudstone. Carbonate minerals are found in carbonate deposits. A total of 15 gold deposits were identified in the survey, including 13 gold deposits that have been mined and 2 that have yet to be mined. Together these deposits have an estimated gold resource of 2.5 million tons
(Mt) with an average grade of 3.3 g/t Au. This represents 4.16% of the world’s known gold resources.
All gold sources in the study area are located in KwaZulu-Natal (KZN), Limpopo, Mpumalanga and Northern Cape provinces. Of the 15 gold deposits, 7 are KZN. Five are in Mpumalanga. Two are in Limpopo. One in the Free State and one in the North Cape. These states have the following major gold deposits: KZN’s Tambereni deposit has reported reserves of 2 million ounces of gold, making it the largest single gold deposit in South Africa and the second largest gold deposit in the world after Sishen in the Free State. . The Zambezi deposit in KZN has reported gold reserves of 3 million ounces, the second largest gold deposit in South Africa. The third largest gold deposit is his Rooi-Krooi deposit in the Free State, with reported gold reserves of 2.5 million ounces. The fourth largest gold deposit is the Hlabisa deposit, also in the Free State, with reported gold reserves of 3.8 million ounce of gold
The sixth largest gold deposit is the Mokopane deposit in Mpumalanga with reported reserves of 2.4 million ounces. The seventh largest gold deposit is the Nsanbeleni deposit, also at Mpumalanga, with reported reserves of 3 million ounces. The eighth largest gold deposit is the Zonietontein deposit, also at Mpumalanga, with reported gold reserves of 4 million ounces.