Frasin mine

Frasin
Location
Frasin Gold Mine is located in Romania
Frasin Gold Mine
Frasin Gold Mine
Location in Romania
LocationBucium
CountyAlba County
CountryRomania
Coordinates46°15′50″N 23°10′34″E / 46.264°N 23.176°E / 46.264; 23.176
Production
Production53,000
Owner
CompanyGabriel Resources
Year of acquisition2003

The Frasin mine is a large open pit mine in the west of Romania in Alba County, 73 km west of Alba Iulia and 467 km north-west of the capital, Bucharest. Frasin represents a large gold deposit with estimated reserves of 1 million oz of gold and 2.96 million oz of silver.[1] The project is owned by the Toronto-based company Gabriel Resources.

The project will involve the mining and processing of 0.97 million tonnes of ore per annum over an open pit life of 19 years. The open pit is expected to yield approximately 53,000 oz of gold and 156,000 oz of silver per year in doré, reflecting an average total process recovery of 68% for gold and 81% for silver.[1]

References

  1. ^ a b "Bucium". Gabriel Resources. 2010. Archived from the original on 2010-12-05. Retrieved 2010-11-30.

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