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