Metminco (MNC), incorporated in Australia, is an ASX listed exploration and mining company. In August 2019 Metminco merged with Andes Resources resulting in a dominant position within the Andes and Quinchia regions of the Mid-Cauca Gold belt. Across the ~100,000ha portfolio of applications and granted titles, projects range from multiple early stage exploration, through to advanced projects including feasibility.
Metminco’s primary focus is the Quinchia Gold Portfolio, which is located in Colombia’s Mid- Cauca Belt, and has a JORC compliant estimated Mineral Resource (Measured+Indicated) of 0.84 million ounces of gold and Reserve of 0.547 million ounces of gold. The 10,500ha Quinchia Project contains a number of gold deposits and significant exploration and development targets including Miraflores, Tesorito, Chuscal and Dosquebradas.
Metminco’s Andes Gold Portfolio consists of a 90% interest in ~85,000ha of tenements also within the Mid-Cauca belt and including 3 granted titles. Only ~10% of the expansive portfolio has been systemically explored but already delivered 12 vein type gold/silver targets and multiple gold/copper porphyry targets.