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By Hugo Melo

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South America: Boa Esperança

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Hugo Melo

August, 2018

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Mineração Caraiba S.A.’s Boa Esperança project is located in the municipality of Tucumã, Pará State, Brazil. The deposit is a mineralised breccia body containing copper, cobalt and molybdenum and is considered to be a variant of the hydrothermal type of deposit known as iron-oxide-copper-gold (IOCG). In 2012, SRK led a full feasibility study including a NI 43-101 Technical Report. SRK’s work continued including pit slope evaluation and, most recently, a mineral resource update in 2013.