Buenaventura Receives Permit for Yumpag

Peruvian miner Compañia de Minas Buenaventura said it has received approval of its EIA for its Yumpag silver project by the Peruvian Environmental Certification authority. The approval of the EIA is a key milestone toward enabling the company to develop Yumpag and brings Buenaventura closer to the production phase. The company said it will submit a request to the Peruvian Ministry of Energy and Mines to obtain the necessary authorizations to start the exploitation of the deposit.

Located near Buenaventra’s Uchucchacua mine in the Pasco Region of Peru, the Yumpag deposit has an inferred resource of 1.12 million metric tons (mt) with a grade of 23.8 oz/mt silver. The most important geological structure identified to date is the Camila vein, which presents a bonanza-type silver-bearing mineralization. Yumpag will be connected to Uchucchacua via a tunnel at the 3850 Level.

As featured in Womp 2023 Vol 10 - www.womp-int.com