Patrick Downey, president and CEO of Viceroy Exploration, will discuss his flagship Gualcamayo project in Argentina at the next meeting of the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum. The meeting is slated for June 29 at the Hyatt Regency Hotel in Vancouver.
Downey once served as president of Oliver Gold where he helped negotiate a merger to form Canico Resource, which was recently bought by Brazil’s Companhia Vale do Rio Doce (CVRD) for about $800 million.
He has also worked for Anglo American in South Africa and on several large projects, including Barrick Gold’s Porgera gold mine in Papua New Guinea and Kinross Gold’s Hoyle Pond project in northern Ontario.
Gualcamayo is an advanced-stage gold exploration project in San Juan province, Argentina. The measured and indicated resource totals 1.43 million oz. gold, with an inferred resource of 611,000 oz.
An independent economic study of Gualcamayo recommended that the project move towards a feasibility study.
The Gualcamayo deposit is situated in rugged terrain and has limited options to process the ore and for infrastructure.
Downey’s presentation will provide details on the some of the materials handling solutions be proposed to develop Gualcamayo, as well as an outline of the deposit.
Tickets are $35 for members, $50 for non-members and $12 for students.
For more information, contact Ana Mara Rollke at anamaria.rollke@amec.com.
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