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Welcome To Andes Gold Corporation (AGCZ)
Andes Gold Corp. is a US registered public company currently trading on Pink Sheets (AGCZ). Through its wholly owned subsidiary company Compañia Minera P.L. in Ecuador (South America), Andes Gold controls a gold mining and exploration concession called the Miranda Alto.
The
mine is active and processing 50 tones per day of
ore, producing 8g per tones of Gold and 15g per tones
of Silver average from shafts within the Miranda property.
These tunnels have more sites ready from where the company
could increase production, but not until the processing
capacity of the plant is improved where some workings
are already underway. In the short term, the company
plans to increase production from the mine up to 100
tones per day.
Only on the Miranda vein, the company has 20,000
oz. of proven reserves and 50,000 oz. of probable
reserves. Inferred resources from the 700 level on miranda, azul, estrella, sul and viscaya veins are 500,000 Oz.
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