MENDOZA,
ARGENTINA. April 8, 2014. Argentina Mining is pleased to
announce that Mansfield Minerals, the Canadian Goldrock Mines’s subsidiary
joins our company as Gold Sponsor at the 10th International Convention on
Business Opportunities in Exploration, Geology and Mining, Argentina Mining
2014, which will take place September 3-5, 2012, in Salta Province.
Mansfield Minerals Inc. is a Mining
exploration company led by a group of experienced engineers and geologists. The
company started the exploration in Argentina in 1994 and has worked in the
country since then. It owns 100% of Lindero Project, a gold-porphyry deposit
located at 250 kilometers west from Salta city, in northeast Argentina.
Besides, Arizaro is a copper- white gold porphyry deposit located at 35
kilometers from Lindero and was discovered just before Lindero in 1999.
In 2013, Goldrock announced the results of a positive Feasibility
Study at Lindero that estimates the project will produce an average of 109,000
ounces of gold per annum, at a operation cost of 647 U$S/Oz Gold, a NPV and IRR
of U$S 215 M and 33.4% tax inclusive Gold Oz at 1400 U$S. The project is
already permitted for development and has strong Salta provincial government
and community support. Salta is a mining friendly jurisdiction that wants
Lindero to be the first gold mine to be put into production in the province
(Argentina is the 12th largest gold producer in the world).
With appropriate permits approved the company is
focused on finding financing options to begin the construction.
“It is an honor for Argentina Mining that
Mansfield joins us and we are grateful for their support. It is pleasant for us
to receive their backing, in this case as Gold Sponsor at Argentina Mining 2014.
We welcome the company and value the effort they make in our country”,
expressed Nivaldo Rojas, Directort of Argentina Mining, Organizing Company of
Argentina Mining 2014.
Mansfield joins
to the first line companies confirmed as sponsors at the 10th International
Convention on Business Opportunities in Exploration, Geology and Mining,
Argentina Mining 2014: Orocobre, José Cartellone Construcciones Civiles, ALS
Minerals, SRK Consulting, Silver Standard Resources, Mexplort, Estudio Randle, among
others companies participating in the exhibition.
About Argentina Mining:
Argentina
Mining is a Marketing & Events firm and its objectives are gathering the
mining community in Argentina and providing a place to promote the activity in
the world, developing business opportunities: from mining companies –in
production, construction or exploration-, mining equipment and services
suppliers, consultants and mining professionals, among others. The company
organizes the premium international event of the Argentinean mining sector, the
Argentina Mining Conference and Exhibition, which takes place in Argentina
since 1996, and the Latin Exploration Conference, among others. Additionally,
it provides advisory services in public relations and marketing for companies
in the sector, and develops supplementary products. Learn more: http://www.argentinamining.com
About Mansfield:
Mansfield
Minerals, currently Goldrock Mines, is a Canadian mining company focused on
gold and precious metals exploration in Argentina. The company's lead
wholly-owned project Lindero, a porphyry gold deposit that produces gold
through heap leaching, is located in Salta province in northwestern Argentina.
Its other asset is the Arizaro copper-gold project, also in Argentina. Goldrock
Mines is based in Vancouver, Canada. For more information, please visit http://www.goldrockmines.com/
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